Latest News
Arthur J. Gallagher and Co. Acquires Lloyd Bedford Cox
Wednesday 15 September 2021

US-based insurance brokerage, risk management and consulting services firm Arthur J. Gallagher and Co. has acquired Bedford Hills, New York-based Lloyd Bedford Cox., Inc, the firm said.

Terms of the transaction were not disclosed.

Founded in 1921, LBC is a fourth-generation retail insurance agency providing comprehensive insurance coverage, services and risk assessment tools to high-net-worth individuals and families throughout the United States, Europe, the Bahamas and the Caribbean.

J. Jeffers Cox and his associates will remain in their current location under the direction of Patrick Kennedy, head of Gallagher's Eastern region retail property/casualty brokerage operations.

Arthur J. Gallagher and Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

The company has operations in 57 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Details
Date Published: 15/09/2021

Options