Deal expands its personal shopper capabilities
Broking large Arthur J. Gallagher & Co. has introduced the acquisition of Connecticut-based Ericson Insurance coverage Providers, LLC, which operates as Ericson Insurance coverage Advisors.
Ericson Insurance coverage Advisors focuses on private traces insurance coverage for high-net-worth shoppers throughout the US. The group, led by Spencer Houldin and Peter Houldin, will proceed working of their present Washington Depot location following Gallagher’s acquisition.
It should additionally convey the Ericson Insurance coverage Advisors group underneath Brendan Gallagher, head of Gallagher’s Northeast area retail property/casualty brokerage operations.
In a information launch saying the swoop, chairman and CEO J. Patrick Gallagher, Jr. spoke of the corporate’s strategic imaginative and prescient for this addition.
“Ericson Insurance coverage Advisors is a extremely regarded company that may develop the capabilities of our personal shopper choices,” he mentioned. “I’m more than happy to welcome Spencer, Peter and their associates to our rising Gallagher household of pros.”
Gallagher has a world footprint in roughly 130 international locations, delivering companies by owned operations and a community of correspondent brokers and consultants.
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