Insight and Intelligence on the London & International Insurance Markets 24 Jan 2018

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Gallagher expands with AquaSurance buy in Houston

  • Ted Bunker 12 January 2018
  • Acquisitive broker Arthur J Gallagher has acquired Houston-based AquaSurance, a specialty property and casualty agency that serves water utilities in Texas, to expand its public-sector offerings.

    Under the agreement, AquaSurance co-founders Harry Peyton and Marshall Schoth and their associates will relocate to Gallagher's office in the Houston Galleria, under the direction of Bret VanderVoort, Gallagher said today in announcing the acquisition.

    VanderVoort is head of Gallagher's South Central retail property/casualty broker operations, said the intermediary based outside Chicago.

    "As leaders...

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