Arthur J. Gallagher Acquires Alabama’s Benefit Development Group

Arthur J. Gallagher & Co. said it has acquired Benefit Development Group of Selma, Alabama. Terms of the transaction were not disclosed.

Established in 1986, Benefit Development Group (BDG) provides employee benefit consultation, management and brokerage services for full and self-funded, middle-to-large group clients.

The announcement said that Holland Powell, David Cothran, Duncan Hope and their associates will continue to operate in their current location under the direction of John Neumaier, leader of Gallagher’s south central employee benefit consulting and brokerage operations.