{"id":538002,"date":"2021-09-14T09:04:10","date_gmt":"2021-09-14T13:04:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-lloyd-bedford-cox-inc\/"},"modified":"2021-09-14T09:04:10","modified_gmt":"2021-09-14T13:04:10","slug":"arthur-j-gallagher-co-acquires-lloyd-bedford-cox-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-lloyd-bedford-cox-inc\/","title":{"rendered":"Arthur J. Gallagher &amp; Co. Acquires Lloyd Bedford Cox, Inc."},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ROLLING MEADOWS, Ill.<\/span>, <span class=\"xn-chron\">Sept. 14, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher\u00a0&amp; Co. today announced the acquisition of <span class=\"xn-location\">Bedford Hills, NY<\/span>-based <span class=\"xn-person\">Lloyd Bedford Cox<\/span>., Inc. (LBC). Terms of the transaction were not disclosed.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/597229\/Arthur_J_Gallagher_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/597229\/Arthur_J_Gallagher_Logo.jpg\" title=\"Arthur J. Gallagher &amp; Co. Logo (PRNewsfoto\/Arthur J. Gallagher &amp; Co.)\" alt=\"Arthur J. Gallagher &amp; Co. Logo (PRNewsfoto\/Arthur J. Gallagher &amp; Co.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Founded in 1921, LBC is a fourth-generation retail insurance agency providing comprehensive insurance coverage, services and risk assessment tools to high-net-worth individuals and families throughout <span class=\"xn-location\">the United States<\/span>, <span class=\"xn-location\">Europe<\/span>, the <span class=\"xn-location\">Bahamas<\/span> and the <span class=\"xn-location\">Caribbean<\/span>. J. Jeffers Cox and his associates will remain in their current location under the direction of <span class=\"xn-person\">Patrick Kennedy<\/span>, head of Gallagher&#8217;s Eastern region retail property\/casualty brokerage operations.<\/p>\n<p>&#8220;The LBC team has earned a great reputation for its expertise in serving emerging affluent and high-net-worth clients, and this provides us an opportunity to expand our high-net-worth practice in a key market,&#8221; said J. <span class=\"xn-person\">Patrick Gallagher, Jr.<\/span>, Chairman, President and CEO. &#8220;I am delighted to welcome Jeff and his team to our growing global company.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co. (NYSE:AJG),\u00a0a global insurance brokerage, risk management and consulting services firm, is headquartered in\u00a0Rolling Meadows, Illinois.\u00a0The company has operations in 57 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.<\/p>\n<div>\n<table id=\"convertedTable1918\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investors:\u00a0 Ray Iardella\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Media:\u00a0 Linda J. Collins\u00a0 \u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">VP &#8211; Investor Relations<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">VP- Corporate Communications<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">630-285-3661\/\u00a0<a target=\"_blank\" href=\"mailto:ray_iardella@ajg.com\" class=\"prnews_a\" rel=\"nofollow noopener\">ray_iardella@ajg.com<\/a>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">630-285-4009\/\u00a0<a target=\"_blank\" href=\"mailto:linda_collins@ajg.com\" class=\"prnews_a\" rel=\"nofollow noopener\">linda_collins@ajg.com<\/a><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG02645&amp;sd=2021-09-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher--co-acquires-lloyd-bedford-cox-inc-301375283.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher&#8211;co-acquires-lloyd-bedford-cox-inc-301375283.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG02645&amp;Transmission_Id=202109140900PR_NEWS_USPR_____CG02645&amp;DateId=20210914\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROLLING MEADOWS, Ill., Sept. 14, 2021 \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher\u00a0&amp; Co. today announced the acquisition of Bedford Hills, NY-based Lloyd Bedford Cox., Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing comprehensive insurance coverage, services and risk assessment tools to high-net-worth individuals and families throughout the United States, Europe, the Bahamas and the Caribbean. J. Jeffers Cox and his associates will remain in their current location under the direction of Patrick Kennedy, head of Gallagher&#8217;s Eastern region retail property\/casualty brokerage operations. &#8220;The LBC team has earned a great reputation for its expertise in serving emerging affluent and high-net-worth clients, and this provides us an opportunity to expand &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-lloyd-bedford-cox-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arthur J. Gallagher &amp; Co. Acquires Lloyd Bedford Cox, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-538002","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arthur J. Gallagher &amp; Co. Acquires Lloyd Bedford Cox, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-lloyd-bedford-cox-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arthur J. Gallagher &amp; Co. Acquires Lloyd Bedford Cox, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ROLLING MEADOWS, Ill., Sept. 14, 2021 \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher\u00a0&amp; Co. today announced the acquisition of Bedford Hills, NY-based Lloyd Bedford Cox., Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing comprehensive insurance coverage, services and risk assessment tools to high-net-worth individuals and families throughout the United States, Europe, the Bahamas and the Caribbean. J. Jeffers Cox and his associates will remain in their current location under the direction of Patrick Kennedy, head of Gallagher&#8217;s Eastern region retail property\/casualty brokerage operations. &#8220;The LBC team has earned a great reputation for its expertise in serving emerging affluent and high-net-worth clients, and this provides us an opportunity to expand &hellip; Continue reading &quot;Arthur J. Gallagher &amp; Co. 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Founded in 1921, LBC is a fourth-generation retail insurance agency providing comprehensive insurance coverage, services and risk assessment tools to high-net-worth individuals and families throughout the United States, Europe, the Bahamas and the Caribbean. J. Jeffers Cox and his associates will remain in their current location under the direction of Patrick Kennedy, head of Gallagher&#8217;s Eastern region retail property\/casualty brokerage operations. &#8220;The LBC team has earned a great reputation for its expertise in serving emerging affluent and high-net-worth clients, and this provides us an opportunity to expand &hellip; Continue reading \"Arthur J. Gallagher &amp; Co. 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