International insurance brokerage and risk management firm Arthur J Gallagher & Co has completed purchase of Florida-based Corporate Benefits Advisors (CBA) for an undisclosed amount.
As part of the acquisition, CBA chief executive officer Heather Leck and associates will continue operations from the company's existing location under the leadership of Gallagher employee benefit consulting and brokerage operation Eastern Region executive vice president David Ziegler.
Arthur J Gallagher chairman, president and CEO Patrick Gallagher said the quality service and extensive industry expertise of CBA's team will fit well within the company's culture.
"Their team approach to sales and service, and their South Florida presence will be a terrific complement to our employee benefits operations,'' Gallagher added.
Established in 2007, CBA is an employee benefits insurance broker and consultant providing a wide range of employee benefits insurance and consulting services to customers across the US.
Services include group health, dental, voluntary benefits, long and short term disability, as well as compliance and wellness programs to mid and large market employers.
Headquartered in Illinois, Arthur J Gallagher & Co trades in 17 nations, and offers client service capabilities in more than 110 geographies worldwide.