Arthur J Gallagher & Co, a US-based insurance brokerage and risk management services firm has acquired Argus Benefits in Atlanta, Georgia, for an undisclosed sum.
Established in 2001, Argus Benefits provides various types of employee benefit consultation and insurance brokerage services for mid-size corporate clients across the southern US.
Chairman, president and CEO J Patrick Gallagher, Jr said the acquisition will help the company to boost its footprint in Georgia.
"Their ability to customize plans to fit their clients' unique concerns and their focus on quality team service will fit well within our sales and service culture," Gallagher added.
Following completion of the transaction, Robert Taylor, Jr and his associates will continue to operate from their Atlanta and Jacksonville, Florida locations.
The team will work under the guidance of David Ziegler, eastern region executive vice president of Gallagher's employee benefit consulting and brokerage operations.
Argus Benefits focuses on health and welfare benefit plan strategy, design, implementation, and administration.
Arthur J Gallagher & Co manages its operations in 18 nations and delivers client-service capabilities in more than 110 geographies globally, through a network of correspondent brokers and consultants.