Insurance agency merges with international brokerage

Veale Insurance Agency in Grand Junction has combined its operations with Arthur J. Gallagher & Co., an international insurance brokerage and risk management firm.

Veale Insurance is now known as Arthur J. Gallagher & Co., but will continue to operate as an insurance agency operated by insurance professionals. Management and staff will remain in the Grand Junction area.

Sid Veale, area executive vice president, said the merger offers additional resources that for customers and agents mean new insurance markets and coverage experts, stronger relationships with insurance companies and more opportunities for education and training. The merger also offers long-term financial stability and improved capability to attract and train employees, he said.

Arthur J. Gallagher & Co. shares a commitment to serving Western Colorado and growing the local operation, Veale added.

Headquartered in Itsca, Ill. Arthur J. Gallagher & Co. maintains operations in 31 countries and offers services in more than 150 countries around the world through a network of correspondent brokers and consultants. For more information, visit www.agj.com.