ITASCA, Ill., April 2, 2008 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced the acquisition of Life Insurance Strategies located in Fort Lauderdale, Florida. Terms of the transaction were not disclosed.

Founded in 2003, Life Insurance Strategies is a life insurance broker that provides life insurance programs for estate planning, charitable giving and familial bequests. They also specialize in arranging premium financing of large life insurance policies for high net worth clients in the Southeast. Peter Dellapina and his associates will continue to operate in their current location under the direction of David Ziegler, Eastern Regional Executive Vice President of Gallagher's employee benefit consulting and brokerage operations.

J. Patrick Gallagher, Jr., Chairman, President and CEO said, "The addition of this excellent firm is a continuation of our growth strategy to provide the highest quality products and services for our clients. Life Insurance Strategies expands our capabilities within the life insurance marketplace, and they will be a terrific complement to our employee benefit's suite of products. We are extremely pleased to welcome Peter 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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Source: Arthur J. Gallagher & Co.

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