Deal continues AJG acquisition momentum

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Arthur J Gallagher has acquired San Diego-based GS Levine Insurance Services.

GS Levine is an insurance broker providing property/casualty, employee benefits and risk management services on the US west coast.

“GS Levine is well known in the industry for its strong client commitment, solid carrier relationships and technical expertise,” said chief executive J Patrick Gallagher.

Gallagher’s new entity will be headed up by James McFarlane and Norbert Chung, who are existing Gallagher leaders in the region.

GS Levine chief executive Gary Levine and president Ross Afsahi will continue to work out of San Diego.

The move maintains Gallagher’s acquisition momentum following the acquisition of UK-based Giles in September this year.