Arthur J. Gallagher & Co. today announced the acquisition of Bushong Insurance Associates, Inc. in Ponte Vedra Beach, Florida. Terms of the transaction were not disclosed.
Founded in 2000, Bushong Insurance Associates, Inc. (Bushong) is a retail insurance broker providing commercial property/casualty and risk management insurance services to their clients primarily in Northeastern Florida. They specialize in insurance coverage for residential condominium and homeowner associations as well as apartment communities, rental pools, resorts and management companies. Their associates will continue to operate in Ponte Vedra Beach under the direction of Mitchel Brashier, Southeastern Regional Manager of Gallagher's retail property/casualty brokerage operation.
"Bushong is highly-regarded for its specialized business expertise and dedicated client service," said J. Patrick Gallagher, Jr., Chairman, President and CEO.
"Their specialization in community associations will be an excellent complement to our Southeastern Region's retail brokerage operation, and we are extremely pleased to welcome the Bushong team to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 16 countries and does business in more than 110 countries around the world through a network of correspondent brokers and consultants.