By Mika Pangilinan
Arthur J. Gallagher & Company has signed a definitive agreement to acquire The Evans Agency, LLC in Williamsville, New York.
Evans Agency is a wholly owned subsidiary of Evans Bancorp Inc. It provides commercial property/casualty insurance solutions with a focus on public institutions and educational expertise. In addition to these core services, it offers personal lines and employee benefits services, serving customers throughout Western New York.
With the acquisition of Gallagher, the Evans agency will operate under the direction of Patrick Kennedy, who heads retail property/casualty brokerage operations in the Northeast region.
Evans Agency is the latest in a series of M&A deals announced by Gallagher in 2023. According to a news release from the broking giant, the acquisition is scheduled to close during the fourth quarter of the year.
Chairman, President and CEO J. “The expertise and culture of the Evans Agency is a perfect fit for our Western New York office and will enhance our capabilities in the region,” said Patrick Gallagher. “I look forward to welcoming Aaron and his colleagues to Gallagher.”
Other recent announcements include Thomas J. Gallagher and the appointment of Patrick M. Gallagher as Executive Vice President and Chief Operating Officer.
Disclosing these leadership changes, the broker said that J. Patrick Gallagher, Jr. will remain focused on key aspects of the company’s strategic direction and domestic and global expansion.
Meanwhile, Thomas J. Gallagher and Patrick M. Gallagher will play key roles in leading organic and M&A growth initiatives, driving operational efficiency as well as ensuring better service delivery across the organization.
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