Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Gallagher Acquires Illinois Insurance Broker Heiser

Arthur J. Gallagher & Co., the Itasca, Illinois-based insurance broker, bought Heiser Insurance Agency Inc. to expand in the U.S. Midwest. Terms weren’t disclosed.

Heiser helps transportation and manufacturing clients find coverage, according to a statement issued today. It is based in Morton, Illinois.

Gallagher and rivals Marsh & McLennan Cos. and Brown & Brown Inc. have been buying brokerages as the industry consolidates. Gallagher has announced more than two dozen deals this year, according to data compiled by Bloomberg. Gallagher said yesterday it had acquired Ahrold Fay Rosenberg, the Des Moines, Iowa-based retail insurance brokerage.

Today’s purchase will “give us a solid footprint in central Illinois,” Gallagher Chief Executive Officer J. Patrick Gallagher Jr. said in the statement.

Gallagher fell less than 1 percent to $34.61 at 3:29 p.m. in New York. It has advanced 3.5 percent this year, trailing the 15 percent rally of the Standard & Poor’s Midcap 400 Index.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.