Arthur J. Gallagher & Co. Acquires Shepard Insurance Group

Group 1 - Arthur J. Gallagher & Co. has acquired Shepard Insurance Group, a retail insurance broker based in Old Greenwich, Connecticut, with undisclosed transaction terms [1] - Shepard Insurance Group specializes in serving high-net-worth clients in the Northeast US and Florida, and its team will continue operating under the direction of Brendan Gallagher [2] - J. Patrick Gallagher, Jr., Chairman and CEO, emphasized that the acquisition will enhance Gallagher's high-net-worth offerings in the Northeast and welcomed the Shepard team [3] Group 2 - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3]