Arthur J. Gallagher Acquires Arkansas Agency, Hagan Newkirk

Arthur J. Gallagher & Co. has acquired Hagan Newkirk Financial Services in Little Rock, Ark. Terms of the transaction were not disclosed.

With operations dating back to the 1960s, Hagan Newkirk Financial Services (Hagan Newkirk) is a retail insurance broker offering employee benefit consultation and insurance brokerage services for clients throughout the southern and central United States. The firm provides benefit coverages to a wide range of commercial clients and also specialize in customized solutions for hospitals and other healthcare providers.

Merlin Hagan, Chris Newkirk and their associates will continue to operate in their current location under the direction of John Neumaier, head of Gallagher’s South Central employee benefit consulting and brokerage operations.

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