Arthur J. Gallagher & Co. Acquires Dominick Falcone Agency, Inc., and Falcone Associates, Inc.

Core Insights - Arthur J. Gallagher & Co. has acquired Dominick Falcone Agency, Inc. and Falcone Associates, Inc. based in Syracuse, New York, although the terms of the transaction were not disclosed [1] Company Overview - Dominick Falcone Agency specializes in property/casualty insurance products for commercial and personal clients primarily in central New York, while its affiliate, Falcone Associates, provides employee benefits services [2] - The team from Dominick Falcone Agency, including Michael Lavalle, David MacLachlan, Renee Guariglia, and Chris Marshall, will continue to operate from their current location under the leadership of Brendan Gallagher and Scott Sherman [2] Strategic Implications - The acquisition is expected to enhance Gallagher's retail brokerage capabilities in central New York, as stated by J. Patrick Gallagher, Jr., Chairman and CEO [3] - Arthur J. Gallagher & Co. operates globally, providing insurance brokerage, risk management, and consulting services in approximately 130 countries [3]