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July 8, 2024

Danbury-based Cleary Benefits Group Inc. acquired by Illinois firm

Google Earth Arthur J. Gallagher & Co.'s headquarters in Rolling Meadows, Illinois.

Cleary Benefits Group Inc., a privately owned benefits advisory company based in Danbury, has been acquired by an Illinois firm with two other offices in Connecticut.

Arthur J. Gallagher & Co. of Rolling Meadows, Illinois, said Monday it had acquired Cleary Benefits Group Inc., but did not disclose the terms of the transaction.

Cleary Benefits Group is a health and benefits consulting firm serving primarily mid-sized to large commercial clients. Gallagher said Brian Cleary, Heather Katz and their staff will remain at 83 Wooster Heights Road in Danbury under the direction of Scott Sherman, head of Gallagher's Northeast region employee benefits consulting and brokerage operations.

"Cleary Benefits Group has a strong industry reputation and will further enhance our benefits consulting capabilities in the region," said J. Patrick Gallagher, Jr., chairman & CEO. 

Gallagher is a global insurance brokerage, risk management and consulting services firm. It operates in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Cleary Benefits is now Gallagher’s third location in Connecticut, joining offices in Farmington and Shelton. Gallagher has more than 220 offices in 39 states and the District of Columbia.
 

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