Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm, has announced its acquisition of Shepard Insurance Group, based in Old Greenwich, Connecticut.
Shepard Insurance is a retail insurance brokerage that caters to high-net-worth clients in the Northeast United States and Florida.
Steve Shepard, Kyle Shepard, and their team will continue working from their current office under the leadership of Brendan Gallagher, head of Gallagher’s Northeast region retail property and casualty brokerage operations.
“Shepard Insurance Group is well regarded for their client service and will expand our high-net-worth offerings in the Northeast,” added J. Patrick Gallagher, Jr., Chairman and CEO. “I am delighted to welcome Steve, Kyle and their associates to Gallagher.”
This move follows Gallagher’s acquisition of Santiago-domiciled retail insurance broker, THB Chile, announced last week.
