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Arthur J. Gallagher & Co. has acquired Addison, Texas-based LDJ American Online Benefits Group LLC (AOBG).

Terms of the transaction were not disclosed.

Founded in 2013, AOBG designs, markets and services supplemental health insurance and wellness products, including short-term medical, hospital indemnity, AD&D, vision care and a wellness program, through more than 2,500 independent agents across the U.S.

Ronnie Dee Hohenberger and his associates will continue to operate from their current location under the direction of Kevin Garvin, head of Gallagher’s North American Affinity operations.

Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions Texas Employee Benefits