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Arthur J. Gallagher acquires Montreal-based insurance broker

Arthur J. Gallagher & Co. has acquired GPL Assurance Inc. of Montreal.

Terms were not disclosed.

GPL is a retail broker offering commercial property and casualty services to large, middle-market and small businesses and personal lines for individuals across the Canadian province of Quebec. President and CEO Louis-Thomas Labbé and his associates will continue to operate in their current locations in Montreal and Laval, Quebec, under the direction of Stephen Bryant, the head of Gallagher's Canadian brokerage operations.