Arthur J. Gallagher (AJG) Acquires Ace Commercial Insurance Center

September 21, 2023 9:01 AM EDT

Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Corona, California-based Ace Commercial Insurance Center (Ace). Terms of the transaction were not disclosed.

Ace is a specialist insurance broker serving the trucking industry primarily in Southern California. Jackie Hoang, Anhdy Nguyen and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

"Ace is a well-regarded agency that expands our transportation market expertise in the Southwest," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Jackie, Anhdy and their associates to Gallagher."

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