Arthur J. Gallagher Acquires GPL Assurance

Arthur J. Gallagher & Co said Friday morning it acquired Montreal-based retail insurance broker GPL Assurance Inc. Financial terms of the transaction were not disclosed. GPL CEO Louis-Thomas Labbe and his associates will continue to operate in their current locations in Montreal and Laval, Quebec, under the direction of Stephen Bryant, head of Arthur J. Gallagher’s Canadian brokerage operations. “GPL has an excellent reputation for superior client service, niche expertise and risk-management-led programs, with a team-based culture and family values similar to Gallagher’s,” said Arthur J. Gallagher CEO J. Patrick Gallagher, Jr.. “Their strong geographic presence in Quebec will be an excellent complement to our existi

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