NEK Insurance provides coverage to daycare centres and k-8 schools Credit: Wokandapix from Pixabay.

Arthur J. Gallagher is continuing its acquisition spree with the purchase of NEK Insurance, an El Cerrito, California-based retail insurance agency.

Gallagher did not disclose the financial value of the deal.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Norman E. Kinsey founded the acquired firm in 1954.

NEK Insurance specialises in providing property and casualty coverages to daycare centres and k-8 schools, residential care facilities and small remodelling contractors.

It also has the underwriting authority in these segments.

Under the terms of the agreement, NEK Insurance’s employees will join Gallagher’s San Francisco branch, which is led by Jim Buckley, head of Gallagher’s Northwest region retail P&C brokerage operations.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Arthur J. Gallagher chairman, president and CEO J Patrick Gallagher, Jr. said: “NEK is a well-established Bay Area agency with a focus that is highly complementary to our existing San Francisco-based specialist business, offering us terrific cross-selling opportunities.”

Last week, Gallagher announced the acquisition of Aviation Insurance Australia, an independent aviation insurance & helicopter insurance broker.

Announcing the deal, Gallagher said: “Aviation Insurance Australia is a well-respected broker that enhances our aviation capabilities and offers cross-selling opportunities in Australia.”

In August this year, the Rolling Meadows, Illinois-headquartered firm bought personal lines-focused insurance entity Denver Agency.

Denver Agency’s acquisition came shortly after the purchase of Toronto-based Four Corners Group, an executive search firm.

In mid-2022, Gallagher acquired Irish insurance broker INNOVU Group.