Arthur J. Gallagher Acquires Minnesota-based MGA, Wholesale Broker

Arthur J. Gallagher & Co. announced on Monday the acquisition of Robert A. Schneider Agency, Inc. headquartered in Minnetonka, Minnesota.

Published on December 11, 2007

Founded in 1974, Robert A. Schneider Agency, Inc. (RAS) is a managing general agent and wholesale insurance broker which provide excess and surplus, property/casualty, professional business liability and other specialty insurance products and services for independent insurance agents and brokers primarily throughout the northern Midwest. They also specialize in the transportation, hospitality, and residential contractors industries. Robert A. Schneider and his associates will continue to operate from their current locations in Minnetonka and Madison, Wisconsin under the direction of Joel Cavaness, President of Risk Placement Services, Inc., a subsidiary of Arthur J. Gallagher & Co.

J. Patrick Gallagher, Jr., Chairman, President and Chief Executive Officer said, 'For over 30 years RAS has been focused on a team-based approach to client service excellence which makes them an outstanding merger partner. They also have the superior carrier relationships that are so important when placing risks for their retail clients. Their wealth of specialty products and service capabilities and northern U.S. presence will be a terrific addition to Risk Placement Services' expanding wholesale network. We are extremely pleased to welcome Bob and his team to Risk Placement Services' family of professionals.'

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in seven countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants.