Arthur J. Gallagher expands capabilities with Louisiana-based acquisition

Re/insurance broker Arthur J. Gallagher & Co. has announced the acquisition of Louisiana-based Fontenelle & Goodreau Insurance, LLC. in an undisclosed transaction.

Fontenelle & Goodreau Insurance offers commercial property & casualty coverages specialising in large apartment accounts in the Louisiana market with capabilities nationwide.

According to the announcement, Charles Fontenelle and his team will remain in their current location, Metairie, Louisiana.

The team will be under the direction of Bumpy Triche, head of Gallagher’s Southeast retail property/casualty brokerage operations.

J. Patrick Gallagher, Jr., Chairman and CEO, commented: “Fontenelle & Goodreau Insurance is a highly regarded agency whose products will enhance our capabilities, particularly within commercial real estate. I am delighted to welcome Charlie and his associates to Gallagher.”

The news of this transaction follows Gallagher’s acquisition of The John Galt Insurance Agency, a Florida-based independent insurance agency, back in February.

The post Arthur J. Gallagher expands capabilities with Louisiana-based acquisition appeared first on ReinsuranceNe.ws.

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