Arthur J. Gallagher expands with Hartley Cylke Pacific Insurance acquisition
Arthur J. Gallagher & Co. has made a strategic move by announcing the acquisition of Hartley Cylke Pacific Insurance Services, Inc., a prominent retail insurance broker based in San Diego, California. While the terms of the transaction remain undisclosed, this acquisition signals Gallagher’s commitment to strengthening its presence in the transportation sector, serving clients across California and Arizona.
Hartley Cylke Pacific Insurance, known for its specialization in transportation, brings a wealth of expertise to Gallagher’s portfolio. The dynamic team, including Michael Hartley, John Cylke, James Hawes, and their associates, will continue their operations at their current location. Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations, will oversee the integration.
J. Patrick Gallagher, Jr., Chairman, President, and CEO of Arthur J. Gallagher & Co., expressed his enthusiasm for this strategic move, stating, “Hartley Cylke Pacific Insurance’s profound knowledge of the transportation market will expand our growth prospects in the region. We extend a warm welcome to Michael, John, James, and their talented team as they become part of the Gallagher family.”
This acquisition underscores Gallagher’s commitment to enhancing its offerings and expanding its footprint in the insurance landscape, especially in the crucial transportation sector.