Arthur J. Gallagher Acquires Chicago Captive Insurance Consultant

Arthur J. Gallagher & Co. has acquired Chicago-based Captive Insurance Company Design and Operations. Terms of the transaction were not disclosed.

Formed in 2002 by Clarity Group Inc., Captive Insurance Company Design and Operations is a captive consultant focused exclusively on medical and professional liability, with participants throughout the United States. Captive participants are all principally healthcare providers from various areas of the industry, including medical facilities, physicians and senior care organizations.

Andrew Becker and his associates will relocate to Gallagher’s office in Rolling Meadows, Illinois, under the direction of Patrick Gallagher, head of Gallagher’s Midwest retail property/casualty brokerage operations.

Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.