BonusDrive Acquired by Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. has acquired The EHE Group LLC, dba BonusDrive, which has offices in Austin, Texas, and Auburn Hills, Michigan.

Terms of the transaction were not disclosed.

BonusDrive offers a national automobile voluntary benefit program to channel partners such as employers, associations and insurance companies for their employees, members and policyholders.

Consumers receive cash bonuses for purchasing or leasing qualifying new vehicles from participating auto manufacturers. Jim Evans, Tim Easterwood and their associates at BonusDrive will continue to operate from their current locations under the direction of John Neumaier, head of Gallagher’s Northeast region employee benefits consulting and 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.