Arthur J. Gallagher & Co.’s subsidiary, Gallagher Bassett Services Inc., has acquired Pennington, N.J.-based WCD Group LLC. Terms of the transaction were not disclosed.
Founded in 2002, WCD manages and mitigates risk in the environmental, construction and real estate marketplace. Its customers are owners, lenders, developers, contractors and insurance carriers.
William “Chip” D’Angelo and his associates will continue to operate from their Pennington, N.J., New York City, Poughkeepsie, N.Y., and High Point, N.C., offices under the direction of Scott R. Hudson, president and CEO of Gallagher Bassett Services Inc.
Arthur J. Gallagher & Co. operates in Rolling Meadows, Illinois, a global insurance agency, risk management and advisory services company, with operations in 34 countries and a worldwide network of over 150 countries worldwide. Correspondent brokers and consultants.
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