Arthur J. Gallagher acquires Louisiana benefits agency

Arthur J. Gallagher & Co. has acquired Group Insurance Associates, Inc. in Metairie, La.

Terms of the transaction were not disclosed.

Founded in 1983, Group Insurance Associates, Inc. (GIA) is an employee benefits insurance broker that provides all lines of group benefit insurance products to small and middle-market businesses and individual clients throughout the United States.

GIA specializes in health, life, dental and disability coverages. Wayne Landwerlin, Glenn Hayes and their team will continue to operate from their current location under the direction of John Neumaier, head of Gallagher’s South Central employee benefit consulting and brokerage operations.

“GIA’s team is well-known for their group expertise, market relationships and quality service,” said J. Patrick Gallagher, Jr., Chairman, President and CEO.  “In addition, their Louisiana presence and their team-based sales culture will be a terrific complement to our South Central employee benefits brokerage and consulting operation.  We are pleased to welcome Wayne, Glenn and their associates to our growing Gallagher family of professionals.”