Gallagher acquires companies in Illinois, Nevada

Arthur J. Gallagher & Co. said on Wednesday that it has acquired Chicago-based Tave Risk Management LLC, a retail real estate / accident brokerage and risk consulting firm.

Terms of the transaction were not disclosed.

Founded in 2000, Tave Risk Management serves large and medium-sized companies in manufacturing, construction and financial services, as well as non-profit organizations, museums, universities and wealthy private clients.

Founder Ruth Tave, and some 20 employees will remain.

On Tuesday, Gallagher announced that it had acquired Reno, Nevada-based Richied & Associates Inc.

Founded. in 1999, Richied & Associates is a retail real estate / accident insurance agency serving small and medium sized commercial clients from offices in Reno and Carson City.

Cindy Fleischer, principal, and 1

2 employees will remain in their lives. rent places under the leadership of Scott Firestone, head of Gallagher's Southwest region retail / brokerage business for accidents, Gallagher said.

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