Arthur J. Gallagher Buys The John Galt Insurance Agency: Details

By Annie Baker • Feb 5, 2024

Arthur J. Gallagher & Co. has announced the acquisition of Fort Lauderdale, Florida-based John Galt Commercial Insurance Agency and John Galt Insurance Agency (collectively referred to as The John Galt Insurance Agency). The terms of the deal were not disclosed.

The John Galt Insurance Agency offers full-service property/casualty insurance coverages with commercial and multi-family real estate expertise across Florida. And 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.

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services firm that is based in Rolling Meadows, Illinois. And Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

KEY QUOTE:

“The John Galt Insurance Agency’s expertise will expand our capabilities in the condominium and association entity real estate niche in Florida. I am delighted to welcome Jim and his associates to Gallagher.”

– J. Patrick Gallagher, Jr., Chairman and CEO