Global insurance firm buys Fort Myers brokerage, affiliate

Global insurance brokerage Arthur J. Gallagher & Co. has acquired Fort Myers-based Specialty Risk Management Services LLC and its affiliate, Private Client Insurance Services.

Financial terms of the deal weren’t disclosed. 

Specialty Risk Management Services manages a property insurance program for businesses in Florida, according to a statement. Private Client Insurance Services is an agency specializing in commercial risks, condominium associations and personal lines. Elaine Hawkins, who began her insurance career with Liberty Mutual Insurance Company in Miami in 1975, is president of both firms.