US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has complete purchase of Advanced Benefit Advisors (ABA) for an undisclosed amount.
Founded in 2005, ABA is a provider of employee benefit brokerage and consulting services, including group medical, dental, life, voluntary benefits, disability, wellness and long term care insurance programs for their corporate customers across the US.
Robert Petcove and his associates will continue to function from their existing location under the direction of Gallagher employee benefit consulting and brokerage operations Eastern Region executive vice president David Ziegler.
Arthur J. Gallagher chairman, president and CEO Patrick Gallagher said ABA is known for its team-focused approach to personalized client service and solid market relationships.
"Their specialization and geographic presence will be an excellent complement to our employee benefits operation,'' Gallagher added.
Headquartered in Illinois, Arthur J Gallagher & Co trades in 19 nations and provides client-service capabilities in more than 140 countries across the globe, through a network of correspondent brokers and consultants.
