Illinois-based Arthur J. Gallagher & Co. announced the acquisition of Powell Insurance Agency Inc. in Metairie, La. Terms of the transactions were not disclosed.
Established in 1948, Powell Insurance Agency offers risk management, property, casualty and employee benefit insurance services for their commercial and personal lines clients in the Gulf States. They also specialize in the public entity, restaurant and hospitality industries.
Bennett E. Powell and his staff will continue to operate in their Metairie location under the direction of Mitchel Brashier, Mid-South regional vice president of Gallagher’s Brokerage Service Retail Division.
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions
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