ITASCA, Ill., Feb. 18 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced the acquisition of Taylor Benefits located in Holladay, Utah. Terms of the transaction were not disclosed.

Established in 1996, Taylor Benefits offers a wide range of employee benefit consultation and brokerage services for their Western clients. They specialize in group medical, dental, life and disability insurance with an emphasis on consumer directed plans such as health savings accounts, health reimbursement arrangements and cafeteria plans. Doug Taylor and his associates will continue to operate in their current location under the direction of Norbert Chung, Western Regional Executive Vice President of Gallagher Benefit Services, Inc., a subsidiary of Arthur J. Gallagher & Co.

"Taylor Benefits is another fine example of how our merger strategy is designed to expand client capabilities and geographic presence," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "This young, progressive agency is committed to growth and will be a wonderful complement to our employee benefits team. We are pleased to welcome Doug and his team to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 13 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.

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