Friday, February 6, 2009

Gallagher & Co. Purchases Dallas Insurer

Arthur J. Gallagher & Co. announced the acquisition of PartnerSource Inc. in Dallas.

Organized in 1994, PartnerSource Inc. is a retail insurance broker and consultant specializing in the design, implementation and ongoing support for nonsubscription programs, an alternative for Texas workers' compensation, for their clients with operations in Texas. They also provide non-medical employee benefit programs. Their national and multi-national clients are generally in the retail, manufacturing, healthcare, transportation, food service and hospitality industries.

Bill Minick, Russell Huber, Richard Johnson and their associates will continue as a separate operating unit under the direction of Mike Henthorn, South Central regional manager of Gallagher's retail property/casualty brokerage operation.

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