Gallagher expands Michigan footprint with new acquisition
October 2, 2019 by Ryan Smith
Arthur J. Gallagher & Co. has announced that it has reached a definitive agreement to acquire Michigan-based LSG Insurance Partners. The acquisition is expected to close in the fourth quarter.
Founded in 1968, LSG Insurance Partners is one of the leading independent insurance, risk management, and consulting agencies in Michigan. It offers employee benefits, commercial property-casualty, private-client, and merger and acquisition services and coverages to clients throughout the Midwest and across the country.
LSG President Jay Schreibman, executive Todd Preston, and their associates will continue to operate from the company’s Bloomfield Hills, Mich., and Milwaukee locations. They will report to Tom Lannen, head of Gallagher’s Great Lakes region employee benefits consulting and brokerage operations, and Cindy LaMantia, head of Gallagher’s Great Lakes region retail property-casualty brokerage operations.