Arthur J. Gallagher & Co. said it has acquired 3D Advisors, a Shelby Township, Michigan-based brokerage general agency that provides life insurance, annuity, and long-term care solutions for financial advisors. Terms of the transaction were not disclosed.
The deal adds a specialized distribution business to Gallagher’s employee benefits consulting and brokerage platform, extending the firm’s life and annuity brokerage resources for advisors who rely on brokerage general agencies for access to carrier relationships, product selection support, and case design through placement.
Gallagher said 3D Advisors’ leadership team, including Jim DiDonato, Matt Di,b and Chuck Dib, along with their colleagues, will continue operating from their current location. The team will be led within Gallagher by Luke Kaplan, managing director of U.S. Financial and Retirement Services for Gallagher’s employee benefits consulting and brokerage operations.
The acquisition reinforces Gallagher’s ongoing strategy of expanding its capabilities through targeted tuck-in transactions that add specialized expertise and deepen client-facing services. In this case, 3D Advisors’ focus on life insurance, annuities, and long-term care supports a segment of the market where advisors are increasingly focused on retirement income planning, protection needs, and long-term care funding solutions.
Gallagher, a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, provides services in approximately 130 countries through owned operations and a network of correspondent brokers and consultants. The company said 3D Advisors will expand its life insurance and annuity brokerage offerings while maintaining continuity for clients through the existing team and location.
KEY QUOTES
“3D Advisors is a highly regarded agency that will expand our life insurance and annuity brokerage offerings. I am very pleased to welcome Jim, Matt, Chuck and their associates to Gallagher.”
J. Patrick Gallagher, Jr., Chairman And CEO, Arthur J. Gallagher & Co.
