Arthur J. Gallagher acquires Serna Insurance Agency in Texas

Gallagher acquisition of Serna Insurance : Global insurance brokerage Arthur J. Gallagher & Co has acquired Serna Insurance Agency based in Humble, Texas, for an undisclosed price, as per the latest insurance acquisition news.

Established in 2001 by Pete and Martha Serna, Serna Insurance Agency provides private client, personal lines and commercial insurance products and services to clients across Texas and nearby states.

Jeff Saunders, commenting on Gallagher acquisition of Serna Insurance, said: “The Serna Insurance Agency is among the largest independent private client and personal lines agencies in Texas.

“They have built an excellent reputation as a trusted advisor to their clients.”

Gallagher acquisition of Serna Insurance. Image by Free-Photos from Pixabay.

Pete, Martha and their associates will operate from their present location under the leadership of Jeff Saunders, head of the US personal lines operations of Gallagher.

Commenting on Gallagher acquisition of Serna Insurance, J. Patrick Gallagher, Jr. – Chairman, President and CEO of Gallagher, said: “Personal lines is an important strategic initiative for Gallagher, and Serna’s reputation as a high-quality personal lines agency across Texas is a natural fit with our strategy.

“I am very pleased to welcome Pete, Martha and their associates to our growing global team.”

For more insurance acquisition news like Gallagher acquisition of Serna Insurance, keep following Business News Today.