U.S. global insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has announced the acquisition of wholesale commercial insurance broker and MGA, The Jack Nebel Companies, Inc.
Based in North Barrington, Illinois, Jack Nebel serves independent retail agents and brokers across the Midwestern United States.
The firm offers a variety of property and casualty coverages, with a primary focus on general contractors, artisan contractors, apartments, mixed-use properties and vacant buildings.
“The Jack Nebel Companies is well respected by its clients, and has consistently achieved organic growth while maintaining profitability for its carriers,” said J. Patrick Gallagher, Jr., Chairman, President and Chief Executive Officer of Arthur J. Gallagher & Co.
Jack Nebel, Brian Nebel and their associates will continue to operate from their current location under the direction of Joel Cavaness, President of Risk Placement Services, Inc. (RPS), Gallagher’s wholesale broker and MGA.
“I am delighted to welcome Jack, Brian and their associates to our growing Gallagher family of professionals,” added Gallagher.