Arthur J. Gallagher Acquires Ind. Woods & Grooms

Arthur J. Gallagher & Co. has announced the acquisition of Woods & Grooms, Inc. of Columbus, Ind. Terms of the transaction were not disclosed.

Woods & Grooms is a retail insurance broker and group captive administrator, offering risk management, commercial property/casualty insurance services and captive management services to the diesel engine distribution industry. Phillip L. Woods, Michael W. Willett and their associates will continue in their present roles from their current location under the direction of David J. McManus, President of Artex Risk Solutions, Inc., Arthur J. Gallagher & Co.’s international captive subsidiary.

Arthur J. Gallagher & Co., is an international insurance brokerage and risk management services firm headquartered in Itasca, Ill.

Source: Arthur J. Gallagher & Co.