Arthur J. Gallagher Acquires ClearPoint in Washington

Arthur J. Gallagher & Co. has acquired Bellevue, Wash.-based ClearPoint Financial Inc.

Terms of the deal were not disclosed.

Paul Grutzner, Michael Brown and their associates will continue to operate from their current location under the direction of Norbert Chung, head of Gallagher’s Western employee benefits consulting and brokerage operations.

ClearPoint Financial is a retirement plan consultant and investment analyst serving the corporate retirement plan marketplace across the Northwestern U.S.

Rolling Meadows, Ill.-based Arthur J. Gallagher is an insurance brokerage, risk management and consulting services firm.