Arthur J. Gallagher & Co. Acquires Leystone Insurance & Financial, Inc.
ROLLING MEADOWS, IL — Arthur J. Gallagher & Co. announced the acquisition of Leystone Insurance & Financial, Inc. Terms of the transaction were not disclosed.
Founded in Ottawa, Ontario, in 2001, Leystone Insurance & Financial offers employee benefits and retirement consulting services, specializing in individual life insurance and investment strategies, for clients across the province of Ontario. David McCulloch, Darryl Phippen and their associates will continue to operate from their current location under the direction of Leslie Lemenager, head of Gallagher’s international employee benefits consulting and brokerage operations.
“Leystone Financial is a well-regarded firm with similar core values that will strengthen Gallagher’s footprint in Ottawa, Canada’s capital,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am happy to welcome David, Darryl and their associates to our growing Gallagher family of professionals.”