ROLLING MEADOWS, Ill. — Arthur J. Gallagher & Co. today announced the acquisition of Dubuque, Iowa-based River Valley Capital Insurance, Inc. (RVCI). Terms of the transaction were not disclosed.
Founded in 2007, RVCI is a retail property/casualty brokerage that specializes in providing insurance coverage for the trucking industry, with a focus on long-haul trucking firms in the Midwest region. The team will remain in their current location under the direction of Ryan Isaacs, head of Gallagher’s Midwest region retail property/casualty brokerage operations.
“River Valley Capital Insurance is a highly-regarded, growing business with deep expertise in the long-haul trucking market that will expand our Midwest transportation practice,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am very pleased to welcome the team to Gallagher.”
Source: Arthur J. Gallagher & Co.
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