Arthur J. Gallagher Acquires Cowles & Connell

(RTTNews) - Arthur J. Gallagher & Co. (AJG) said Monday that it has acquired Cowles & Connell based in Brewster, New York and Meriden, Connecticut.

Terms of the deal were not disclosed.

Cowles & Connell is a managing general agent and wholesale insurance broker which provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services to their independent retail insurance broker clients throughout United States.

Jo Ann Peri and her associates will continue to operate from their locations in Brewster; Meriden; Westampton, New Jersey and Wilbraham, Massachusetts under the direction of Joel Cavaness, President of Risk Placement Services, Inc., a subsidiary of Arthur J. Gallagher & Co.

Separately, Arthur J. Gallagher said that it has acquired certain assets of Minvielle & Chastanet Insurance Brokers located in the eastern Caribbean.

Terms of the deal were not disclosed.

Minvielle & Chastanet Insurance Brokers is a full service insurance broker and risk management firm that provides property, casualty, health, risk management and reinsurance services to its clients throughout the eastern Caribbean.

Roddy Clarke and his associates will lead this operation from its current locations in St. Lucia, Barbados, Dominica, St. Vincent and Antigua under the direction of Matthew Pragnell, head of CGM Gallagher Group based in Kingston, Jamaica.