Arthur J Gallagher & Co has acquired Miller Buettner & Parrott in Rockford, Illinois for an undisclosed amount, in a bid to break sustainable ground in the arena of employee benefits insurance and consulting services in the US.
The insurance giant will also benefit from the firm's specialised knowledge and products in life, accident, health, dental, vision, prescription, wellness, voluntary and disability plans, the firm said.
Under the terms of the deal, Laurie Miller and her associates will continue to operate from their current location under the direction of William Ziebell, North Central Regional executive vice president of Gallagher's employee benefit consulting and brokerage operation.
Arthur J Gallagher & Co chairman, president and CEO J Patrick Gallagher said that the part of Miller Buettner & Parrott's success stems from their dedication to providing long-term value and quality service to their clients.
"Their commitment to delivering the highest professional standards combined with their expertise-based strategic solutions will be a terrific complement to our employee benefits operations," Gallagher added.
Arthur J. Gallagher & Co, trades in 17 countries across the globe and provides client service capabilities in over 110 countries through a network of correspondent brokers and consultants.