ITASCA, Ill., April 10, 2012 /PRNewswire/ — Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Besselman & Little Agency of Baton Rouge, Louisiana. Terms of the transaction were not disclosed.

Founded in 1986, Besselman & Little Agency offers a wide range of employee benefit consultation and insurance brokerage services for their corporate, executive and individual clients throughout the southern United States. They specialize in group medical, dental, life, disability and long term care insurance programs. Tom Besselman and his associates will continue to operate in their current location under the direction of John Neumaier, South Central Regional Executive Vice President of Gallagher’s employee benefit consulting and brokerage operations.

“With their team-focused approach to outstanding service, client satisfaction, and solid relationships, Besselman & Little is a great example of what we look for in a merger partner,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “Our newest colleagues will help us continue our expansion into the Louisiana market and will be a great complement to our employee benefits operation. We are pleased to welcome Tom and his team to our growing Gallagher family of professionals.”

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 17 countries and offers client-service capabilities in more than 110 countries around the world through a network of correspondent brokers and consultants.

SOURCE Arthur J. Gallagher & Co.