Arthur J. Gallagher & Company acquired Hughes Insurance Agency, Inc., an independent insurance agency based in Queensbury, New York. Announced the acquisition of.
From its headquarters in Queensbury and an office in Albany, Hughes serves the Glens Falls, Lake George Saratoga Springs corridor as well as the greater Capital District areas of Albany, Troy, Latham, Clifton Park and Malta.
Hughes is led by CPCU President Linda Abodely and Vice President Joe Koncikowski, and represents national and regional insurance carriers offering personal and commercial insurance as well as life and health.
The agency team will continue to operate from its current location as part of the Gallagher Agency Alliance, under the direction of Jane Tadin, managing director of Gallagher’s global small business practice.
Terms of the transaction were not disclosed.
The Gallagher Agency Alliance is a merger and acquisition model that partners with agencies that specialize in small business property/casualty insurance and employee benefits. Arthur J. Gallagher & Company is a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois.
Subject
Mergers & Acquisitions New York AJ Gallagher
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(tagstotranslate)2023 M&A(T)Arthur J. Gallagher & Company(T) Business Moves and Mergers
