Arthur J. Gallagher & Co. Acquires Cleaveland Insurance Group

Arthur J. Gallagher & Co. acquired Cleaveland Insurance Group in Rock Island, Ill.

Terms of the deal were not disclosed.

Cleaveland Insurance Group is a retail insurance broker providing property/casualty, employee benefits and risk management insurance services for their middle-market clients throughout the central United States.

Phyllis Schwindt, Tom McGovern, Kevin O’Hara and their associates will continue to operate in their current location under the direction of Thomas J. Gallagher, head of Gallagher’s Midwest property/casualty brokerage operations, and William Ziebell, head of Gallagher’s North Central employee benefit brokerage and compensation consulting operations.

Arthur J. Gallagher & Co. is headquartered in Itasca, Ill., and has operations in 24 countries.