Arthur J. Gallagher & Co. has introduced that it has acquired the property of the retail company enterprise of Coverys Insurance coverage Programs, a full-service insurance coverage dealer based mostly in East Lansing, Mich. Phrases of the transaction weren’t disclosed.

Coverys Insurance coverage Companies makes a speciality of medical malpractice {and professional} legal responsibility for healthcare purchasers throughout Michigan, Gallagher mentioned in a information launch.

As a part of the acquisition, the Coverys crew will stay in its present location, reporting to Ryan Isaacs, head of Gallagher’s Midwest regional retail P&C brokerage operations.

“Coverys Insurance coverage Companies is a extremely regarded company whose deep healthcare experience gives important alternatives for development within the area,” mentioned J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I’m more than happy to welcome the Coverys Insurance coverage Companies crew to Gallagher.”

Coverys Insurance coverage Companies is the most recent in a string of acquisitions by Gallagher. Earlier this month, the brokerage big snapped up Connecticut-based WDK Advantages and The Evans Company, a business P&C agency headquartered in Williamsville, N.Y.

Have one thing to say about this story? Tell us within the feedback under.