Arthur J. Gallagher & Co. announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. (Peabody Insurance). Terms of the transaction were not disclosed.
Peabody Insurance is a retail insurance agency serving commercial and personal lines clients primarily in southeast Michigan with specializations in construction, manufacturing and multifamily real estate. Jim Peabody, Grace Peabody-Ljoljic, their family and team will remain in their current location under the direction of Sean Gallagher, head of Gallagher’s Great Lakes region retail property/casualty brokerage operations.
Was this article valuable?
Here are more articles you may enjoy.
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 
