October 16, 2017 Written by Arthur J. Gallagher & Co.
Arthur J. Gallagher & Co. Acquires Reynolds & Rodar Insurance Group, Inc.
ROLLING MEADOWS. IL — Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of Santa Fe, New Mexico-based Reynolds & Rodar Insurance Group, Inc. Terms of the transaction were not disclosed.
With roots going back to 1882, Reynolds & Rodar is the oldest independent agency in New Mexico. It provides a full range of commercial property/casualty and employee benefits coverage’s and services, and high-net-worth personal lines coverage’s, to clients in New Mexico and throughout the southwestern United States. Jake and Shona Rodar, and their associates, will continue to operate from their offices in Santa Fe and Taos, New Mexico, under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations, and Norbert Chung, head of Gallagher’s Western employee benefits consulting and brokerage operations.
“Reynolds & Rodar is a high-quality organization with outstanding clients that shares our ambitions for meaningful expansion in New Mexico,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am thrilled to welcome Jake, Shona and their associates to our growing Gallagher family of professionals.”