ITASCA, Ill., March 3, 2015 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of NationAir Aviation Insurance (NationAir) based in West Chicago, Illinois. Terms of the transaction were not disclosed.

Founded in 1978, NationAir is a retail insurance broker offering commercial property/casualty and risk management insurance services specifically for the aviation industry. They provide insurance for the entire spectrum of aircraft owners and operations worldwide and specialize in corporate, commercial, private and public entity coverages. Jeffrey Bauer and his associates will continue to operate in West Chicago under the direction of Michael Pesch, head of Gallagher's Midwest region retail property/casualty brokerage operation.

"NationAir is highly-regarded for its level of aviation experience, quality client service, and outstanding market relationships," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "NationAir's aviation expertise and international reach will help expand our global client capabilities. They will be a terrific addition to our Midwest Region and aviation group, and we are extremely pleased to welcome Jeff and his colleagues 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 30 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants. 



    INVESTORS:  Marsha J. Akin       MEDIA:  Linda J. Collins

    Director - Investor Relations    VP - Communications

    630-285-3501/marsha_akin@ajg.com 630-285-4009/linda_collins@ajg.com

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SOURCE Arthur J. Gallagher & Co.