Arthur J. Gallagher has acquired Solid Benefit Guidance (SBG), one of the largest and most highly-respected pharmaceutical benefits consulting firms in the country, according to an announcement on Friday.
"Their pharmacy and employee benefits teams are well-known for their deep understanding of the health care industry, extensive experience inside the nation's largest health plans and focus on high-end, quality client service," Chairman, President and CEO J. Patrick Gallagher said. "Their specialization will be a significant addition to Gallagher's niche practice group strategy and will be a great complement to our employee benefit consulting operations. We are pleased to welcome all the SBG associates to our growing Gallagher family of professionals."
SBG's focus is in employee benefits brokerage, which includes pharmacy services and other benefits. They also have specific experience working with Medicare, Medicaid and other related programs.
The company will operate in its current location, and David Ziegler will oversee operations as the head of Gallagher's Eastern employee benefit operations in brokerage and consultation. AJG is an international insurance brokerage company that also works with risk management services. It is recognized as one of the leading insurance brokers globally.