Arthur J. Gallagher & Co. Acquires Cleaveland Insurance Group

        Arthur J. Gallagher & Co. Acquires Cleaveland Insurance Group

PR Newswire

ITASCA, Ill., Dec. 26, 2013

ITASCA, Ill., Dec. 26, 2013 /PRNewswire/ --Arthur J. Gallagher & Co. (NYSE:
AJG) today announced the acquisition of Cleaveland Insurance Group located in
Rock Island, Illinois. Terms of the transaction were not disclosed.

Founded in 1868, Cleaveland Insurance Group (CIG) is a retail insurance broker
providing property/casualty, employee benefits and risk management insurance
services for their middle-market clients throughout the central United States.
Phyllis Schwindt, Tom McGovern, Kevin O'Hara and their associates will
continue to operate in their current location under the direction of Thomas J.
Gallagher, head of Gallagher's Midwest property/casualty brokerage operations,
and William Ziebell, head of Gallagher's North Central employee benefit
brokerage and compensation consulting operations.

"For more than 140 years, CIG has been providing their clients with a full
range of business and individual insurance coverage. They are well known and
respected in the industry for their emphasis on sales and service quality,"
said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Their depth of
experience, Quad cities location and focus on team-based culture will be an
excellent complement to our property/casualty and benefits brokerage
operations. We are extremely pleased to welcome Phyllis, Tom, Kevin and their
colleagues to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk
management services firm, is headquartered in Itasca, Illinois, has operations
in 24 countries and offers client service capabilities in more than 140
countries around the world through a network of correspondent brokers and

CONTACT: Marsha J. Akin
Director – Investor Relations
630-285-3501 or

SOURCE Arthur J. Gallagher & Co.

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