Arthur J. Gallagher & Co.'s Acquisition of Litchfield Special Risks Broadens Market Reach

Arthur J. Gallagher & Co. Strengthens Position with New Acquisition

In a strategic move to further enhance its offerings in the insurance sector, Arthur J. Gallagher & Co. has announced the acquisition of Litchfield Special Risks, Inc. (LSR), a wholesale insurance broker located in El Paso, Texas. This acquisition, effective as of March 24, 2025, signifies Gallagher's commitment to expanding its services, particularly in transportation and property/casualty solutions across the Southwest United States.

What Does This Acquisition Mean?

With the addition of LSR's expertise in the transportation niche, Gallagher aims to bolster its Risk Placement Services (RPS) division. This division is dedicated to wholesale brokerage, binding authority, and program capabilities. The transaction's financial details remain undisclosed; however, it is expected to enhance the quality and range of services offered to retail agents in Texas.

Bill Brenton, the founder of LSR, along with his dedicated team, will continue to operate from their current location. They will be under the management of Ash Thomas, the Vice President for Gallagher’s Western Region. This transition underscores Gallagher's approach to integrating LSR's knowledgeable team, which has built a commendable reputation for transportation solutions within its market.

CEO's Vision for Growth

J. Patrick Gallagher, Jr., the Chairman and CEO of Arthur J. Gallagher & Co., expressed enthusiasm regarding the new partnership. He stated, "LSR's market reputation and transportation niche expertise will expand RPS's capabilities in Texas." This indicates a strategic alignment between Gallagher’s long-term growth objectives and the strong local presence that LSR brings to the table.

The acquisition is anticipated to not only enhance Gallagher’s market standing but also to deliver improved service options for local clients and agents. As Gallagher continues to grow globally, securing local expertise is critical in maintaining competitive advantage and customer satisfaction.

About Arthur J. Gallagher & Co.

Headquartered in Rolling Meadows, Illinois, Arthur J. Gallagher & Co. is a leading global insurance brokerage, risk management, and consulting services firm. Gallagher operates in approximately 130 countries through its network of correspondent brokers and consultants. Their wide-reaching services are designed to meet the diverse needs of clients across various sectors.

This acquisition of LSR is just one of many strategic initiatives Gallagher has undertaken to enhance its market position. By continually seeking out and integrating specialized firms, Gallagher is poised to remain a key player in the global insurance brokerage landscape.

In conclusion, Arthur J. Gallagher & Co.'s acquisition of Litchfield Special Risks significantly fortifies its capabilities within the transportation sector, building on their longstanding commitment to excellence in service delivery. With experienced professionals from LSR joining the Gallagher team, the future looks promising for both organizations as they work towards achieving shared objectives in the insurance market.