Arthur J. Gallagher & Co. Acquires BMR Insurance

Core Viewpoint - Arthur J. Gallagher & Co. has acquired Murray Gardner Insurance Agency Inc., enhancing its retail brokerage capabilities in Southern California [1][3]. Company Overview - 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]. - Murray Gardner Insurance Agency, doing business as BMR Insurance, is a retail insurance agency serving commercial and personal lines clients primarily in Southern California [2]. Acquisition Details - The terms of the acquisition of BMR Insurance were not disclosed [1]. - Gary Arch and his team will continue to operate from their current location under the leadership of Scott Firestone, who heads Gallagher's Southwest region retail property/casualty brokerage operations [2]. Strategic Implications - The acquisition is expected to align with Gallagher's culture and expand its retail brokerage capabilities in the Southern California market [3].