Arthur J. Gallagher & Co. Acquires Litchfield Special Risks, Inc.

Core Insights - Arthur J. Gallagher & Co. has acquired Litchfield Special Risks, Inc. (LSR), a wholesale insurance broker based in El Paso, Texas, enhancing its capabilities in the transportation and property/casualty sectors [1][2][3] Company Overview - LSR specializes in providing transportation and property/casualty solutions for retail agents in Texas and the Southwest US [2] - Bill Brenton and his team will continue operations at their current location under the leadership of Ash Thomas, VP-Western Region for Risk Placement Services, Inc. (RPS) [2] Strategic Implications - The acquisition is expected to leverage LSR's market reputation and niche expertise in transportation, thereby expanding RPS's capabilities in Texas [3] - J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Co., expressed enthusiasm about integrating LSR's team into their operations [3] Company Profile - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3]