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Illinois-based Arthur J. Gallagher & Co. announced the completion of three acquisitions: Cashan & Company of Hammonton, New Jersey; Hartstein Associates Inc. of Warren, N.J.; and Henderson Phillips Fine Arts of Washington, D.C. Terms of the transactions were not disclosed.

Since 1946, Cashan & Company has been providing property/casualty insurance, risk management and employee benefit services to a diverse group of governmental, commercial and personal clients. They specialize in the development and administration of public entity risk management pools for municipalities, county governments and school districts. Nicholas Cashan and his staff will continue to operate in their present offices, under the direction of John Stancik, Gallagher’s Northeast regional manager.

For more than 30 years, Hartstein Associates has been providing their clients with all forms of employee benefit and human resource brokerage and consulting services, with particular expertise in not-for-profit hospitals. Michael Hartstein and his staff will continue to operate in their present location under the direction of David Ziegler, Eastern regional manager of Gallagher Benefit Services, a subsidiary of Arthur J. Gallagher & Co.

Established as an independent company in 1995, Henderson Phillips Fine Arts is one of the largest brokers specializing in insurance for museums and private art collectors throughout the United States. Patricia Hayes, William Allen and their current employees will continue to operate from the present Gallagher Fine Arts facilities in Washington, DC, Los Angeles, California and London England. They will also report through John Stancik.

Topics Mergers & Acquisitions