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Gallagher buys Illinois specialty lines wholesale brokers



Arthur J. Gallagher & Co. said on Tuesday that they have acquired Hinsdale, Illinois-based GA Mavon & Co. and its subsidiary Mavco Insurance Agency Inc.

The terms of the transaction were not disclosed.

GA Mavon & Co. is a fourth generation, family-owned wholesale broker for standard and specialty lines. Mavco Insurance Agency, founded in 1972, is its subsidiary of retail insurance agency.

Both companies serve highly wealthy personal lines and commercial business owners, with a focus on professional lines. Mavco has about two dozen employees, according to a spokeswoman for Gallagher.

Mavon’s President Phil Mavon and his staff will continue to work from their current location under the leadership of both Matt Lynch, Vice President ̵

1; Central Binding Region of Risk Placement Services Inc., Gallagher’s US Wholesale, Binding Authority and Program Department, and Jeff Saunders, Head of personal lines for Gallagher’s US retail / brokerage business for accidents.


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