Arthur J. Gallagher Adds Two New England Offices

National insurance brokerage Arthur J. Gallagher & Co. has acquired two New England offices of Atlanta-based Gresham & Associates Inc. for an undisclosed sum.

The offices — which are in Portland, Maine and Cranston, Rhode Island — are managing general agencies and wholesale insurance brokerages providing insurance products for independent agents and brokers throughout the Northeast.

The offices will operate as Risk Placement Services-Portland and Risk Placement Services-Cranston, and their associates will continue under the direction of Joel Cavaness, president of Arthur J. Gallagher’s Risk Placement Services subsidiary.

Source: Arthur J. Gallagher & Co.