Tuesday, February 7, 2023
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Gallagher swoops for California company

Gallagher swoops for California agency

Arthur J. Gallagher & Co. has introduced the acquisition of California-based Bulen & Associates Insurance coverage Companies. The phrases of the transaction weren’t disclosed.

Bulen & Associates, based in 1929, is a property-casualty company that serves people and companies in southern California. As a part of the deal, company principal Lisa Mosby and her crew will stay at their present location in Murrieta, Ca. They are going to report back to Scott Firestone, head of Southwest area P&C brokerage operations for Gallagher.

“Bulen & Associates is a extremely regarded company with deep neighborhood roots and a tradition like ours,” mentioned J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I’m delighted to welcome Lisa and her associates to Gallagher.”

Learn subsequent: Gallagher unveils Q3 financials

Bulen & Associates is the most recent of a number of acquisitions by Gallagher this yr. Earlier this month, the corporate acquired North Carolina-based PIUS Restricted and Texas-based Tejas American Normal Company.

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