Arthur J. Gallagher & Co. Acquires Air-Sur of Florida
Arthur J. Gallagher & Co. today announced the acquisition of Ormond Beach, Fla.-based Air-Sur, Inc. Terms of the transaction were not disclosed.
Founded in 1976, Air-Sur is a retail insurance broker serving clients in the aviation and aerospace industry. Its clients include air transport operators, service companies, component manufacturers, engine/airframe overhaul and modification centers, as well as general aviation operators. Thomas K. Coughlin and his associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations.
“The Air-Sur team has an outstanding market reputation, and deepens and expands our aerospace capabilities across Florida and the Southeast,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “We are delighted to welcome Tom and his associates to our growing, global team.”
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 49 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Purmort & Martin Insurance Agency Acquires Jeff DeJongh & Associates of Florida
Sarasota, Fla.-based Purmort & Martin Insurance Agency, a locally owned insurance agency, has acquired Jeff DeJongh and Associates to further expand its presence in the region.
Located in Sarasota, Fla., Jeff DeJongh and Associates is a property and casualty insurance agency that serves Hillsborough, Manatee, Pinellas and Sarasota Counties. Jeff DeJongh, who has more than 18 years of sales and management experience in the insurance, financial services and medical and dental device professions, will join Purmort & Martin Insurance Agency as the vice president of sales.
Jeff DeJongh and Associates’ three staff members will join the 26 other sales professionals in Purmort & Martin Insurance Agency’s Sarasota office.
Purmort & Martin Insurance Agency has been a part of the local community since 1959. It employs more than 25 full-time experienced insurance professionals, specializing in personal and commercial lines, life insurance and workers compensation, among others.
Risk Strategies Acquires LaRocca & Associates of Florida
Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired LaRocca & Associates, Inc., a specialty brokerage with expertise in health and welfare benefits across several industries. Terms of the deal were undisclosed.
Established in 1980, LaRocca & Associates focuses on employee benefits and property and casualty (P&C) insurance. LaRocca & Associates has offices in Miami and Fort Lauderdale, Fla., as well as Atlanta, expanding Risk Strategies’ presence and capabilities in the Southeast.
LaRocca & Associates’ clients include businesses in a variety of industries, from manufacturing to service and hospitality, educational facilities, and municipalities and non-profit organizations. LaRocca & Associates also brings a highly experienced team of health care industry practitioners, an industry sector where Risk Strategies has one of the largest P&C health care practices in the country.
According to the company, LaRocca & Associates will now have access to a national platform of products, services and business expertise across specialty practices and industries.
In addition to developing employee benefits programs, LaRocca & Associates also assists clients with compliance administration, technology consulting, employee education, analytics and benchmarking, human resource assistance, human capital management consulting, and health and wellness strategies.
Risk Strategies is a privately held, national firm with offices across the country. The brokerage offers risk management advice as well as insurance and reinsurance placement for property & casualty, health care and employee benefits risks. Risk Strategies serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets. Risk Strategies has offices in more than 75 locations nationwide including Boston, New York City, Chicago, Minneapolis, Miami, Atlanta, Houston, Dallas, Nashville, Los Angeles and San Francisco.