Arthur J. Gallagher & Co. announced the acquisition of Springfield, Missouri-based Commercial Insurance Underwriters, Inc. (CIU). Terms of the transaction were not disclosed.
Founded in 1984, CIU is a surplus lines agency offering commercial, personal and professional lines coverages for businesses and individuals with complex, unique or hard-to-place risks, primarily throughout the upper and lower Midwest. Kim Moore and her associates will remain in their current location under the direction of Matt A. Lynch, head of Central Region-Binding for Risk Placement Services, Inc., Gallagher’s U.S. wholesale brokerage, binding authority and programs division.
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions Commercial Lines Underwriting Business Insurance Missouri
Was this article valuable?
Here are more articles you may enjoy.
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
How Niche Insurance Shielded Bad Bunny From Bad Weather 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
