Arthur J. Gallagher & Co (AJG), a US-based insurance brokerage and risk management services firm, has snapped Canadian insurance provider DiBrina Group for an undisclosed sum.
The acquired business offers human resources, employee benefits, and life insurance consulting and brokerage services to its clients in Ontario.
DiBrina Group maintains its headquarters in Sudbury, and manages offices in Ontario, Toronto and New Liskeard, Ontario.
Under the direction of Leslie Lemenager, head of Gallagher’s international employee benefit consulting and brokerage operations, DiBrina Group founder Michael DiBrina and his team including Tim Lychy, Diego Favero, Aurel Malo, Ehren Baldauf, Jeff St. Cyr and their associates will continue to work from their current locations.
AJG chairman, president and CEO J Patrick Gallagher, Jr., said: “The DiBrina Group brings a unique mix of benefits and HR consulting capabilities to our existing Canadian operations by combining group benefits, group retirement, HR consulting and individual wealth management into one practice.
“I am very pleased to welcome Michael, Tim, Diego, Aurel, Ehren and their associates to our growing Gallagher family of professionals.”
AJG manages its business across 34 countries and provides a number of service capabilities to its clients in over 150 countries worldwide through a network of correspondent brokers and consultants.