Home Fairfield Shelton’s Merit Insurance acquired by Arthur J. Gallagher & Co.

Shelton’s Merit Insurance acquired by Arthur J. Gallagher & Co.

Shelton-headquartered Merit Insurance Inc. was acquired by Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois. The terms of the acquisition were not disclosed.

merit insuranceMerit Insurance is a retail property/casualty broker and employee benefits consultant that focuses on a Northeast client base consisting of contractors, public entities, real estate developers, nonprofits and high-net-worth individuals. The company has been operating since 1936 and has a second office based in Bridgeport.

The Merit Insurance team, led by President Sean Carroll and Executive Vice President and Managing Partner James Benson, will continue under the direction of Patrick Kennedy, head of Gallagher’s Northeast region retail property/casualty brokerage operations, and Tom Belmont, Jr., head of Gallagher’s Northeast Atlantic employee benefits consulting and brokerage operations.

“Merit Insurance is a highly regarded, socially responsible firm that enhances our presence in Fairfield County and brings us complementary strengths in a number of areas,” said J. Patrick Gallagher Jr., chairman, president and CEO at Arthur J. Gallagher & Co. “I am delighted to welcome Sean, Jim and their associates to Gallagher.”

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 11 books (including the upcoming "100 Years of Wall Street Crooks," published by Bicep Books). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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