The Car and Truck Fleet and Leasing Management Magazine

Arthur J. Gallagher & Co. Acquires Specialty Risk

May 14, 2008

ITASCA, Ill. --- Arthur J. Gallagher & Co. has acquired Specialty Risk Inc. of Liberty, Mo. Terms of the transaction were not disclosed.

Established in 1994, Specialty Risk Inc. is a retail insurance broker providing risk management and commercial property/casualty insurance products and services to clients throughout North America. The company specializes in occupational accident insurance, corporate and fleet workers compensation, physical damage and non-trucking liability insurance for independent contractors, fleet and company drivers, and motor carriers in the transportation field.

Jamie Krisman and her associates will continue to operate in their current location under the direction of Michael Henthorn, South Central regional manager of Gallagher's retail property/casualty brokerage operation.

"Our acquisition program is designed to help us grow geographically and add to our sales and service capabilities," said J. Patrick Gallagher Jr., chairman, president and CEO. "Specialty Risk certainly has these characteristics. With over 14 years of transportation industry experience, they will be an excellent addition to our niche strategy."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill. It has operations in 13 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants.

 

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

A "pool" or inventory of already built vehicles on consignment at body companies, awaiting sale and upfit by dealers or leasing companies.

Read more

Accident Costs Calculator

DO YOU KNOW HOW MUCH REVENUE IT TAKES TO OFFSET FLEET ACCIDENT COSTS?
Use this calculator to see how much extra sales revenue your company needs to generate to make up for the profits lost as a result of fleet accidents.
Launch Accident Cost Calculator 

Up Next

More From The World's Largest Fleet Publisher