Arthur J. Gallagher & Co. acquires Texas-based Mund Group to boost employee benefits services.

Arthur J. Gallagher & Co., a global insurance brokerage firm, has acquired Mund Group, Ltd., an employee benefits agency based in New Braunfels, Texas. The acquisition aims to expand Gallagher's employee benefits consulting capabilities in Texas. The Mund Group team, led by Jeff, Brandon, and Kristopher Mund, will continue operating from their current location under Gallagher's Central region leadership. This move strengthens Gallagher's presence in the Texas market and enhances its service offerings in employee benefits and health programs.

Arthur J. Gallagher & Co. shares trade at USD 259.01 on Pluang as of Oct 21, 2026 20:21 WIB, slightly below their 52-week high of USD 283.04 but well above the 52-week low of USD 192.00. The stock's 1-day change is a modest decline of 0.10%, and it offers a dividend yield of 1.08%, highlighting steady investor interest despite the recent acquisition news.