Arthur J. Gallagher Acquires Cohn Financial in Arizona

Arthur J. Gallagher & Co. has acquired Cohn Financial Group LLC located in Phoenix, Ariz.

Terms of the deal were not disclosed.

Michael Cohn and his associates will continue to operate in their current location under the direction of Norbert Chung, head of Gallagher’s Western employee benefit consulting and brokerage operations.

Cohn Financial Group is a private placement life insurance distributor that works exclusively with high net worth families and individuals throughout the U.S.

Itasca, Ill.-based Arthur J. Gallagher & Co. is an insurance brokerage and risk management services firm with operations in 30 countries.