Arthur J. Gallagher & Co. has acquired Fort Lauderdale, Florida-based The John Galt Insurance Agency, an independent insurance agency, in an undisclosed transaction.
The Agency is formed by John Galt Commercial Insurance Agency, LLC and John Galt Insurance Agency, Inc. It provides full-service property/casualty insurance coverages with expertise in commercial and multi-family real estate across Florida.
According to the announcement, Jim Rudd and the John Galt team will remain in their current location under the direction of Bumpy Triche, head of Gallagher’s Southeast retail property/casualty brokerage operations.
“The John Galt Insurance Agency’s expertise will expand our capabilities in the condominium and association entity real estate niche in Florida,” said J. Patrick Gallagher, Jr., Chairman and CEO. “I am delighted to welcome Jim and his associates to Gallagher.”
The news of this transaction follows Gallagher’s acquisition of property/casualty agency Hunt Insurance Group in December 2023.
Hunt Insurance is an Illinois-based agency specialising in labour unions and their associated benefit funds across the Midwest of the US.
