MT Bank Corporation Announces Agreement to Sell MT Insurance Agency to Arthur J. Gallagher Co.
BUFFALO, N.Y. , Sept. 29, 2022 |PRNewswire| -- MT Bank Corporation ("MT Bank") announced today that it has signed a definitive agreement to sell MT Insurance Agency, Inc. ("MTIA") to Arthur J. Gallagher Co. ("Gallagher"). The transaction is subject to regulatory approval and is expected to close during the fourth quarter of this year. Terms of the sale were not disclosed. Founded in 1955, MTIA is a retail insurance agency offering an array of property and casualty products, customized group benefits, and surety solutions in the Northeast and Mid-Atlantic. Current leadership and direct employees of MTIA are expected to join Gallagher. MTIA will continue to serve the entire MT Bank footprint, while leveraging the resources of Gallagher''s global broking and insurance … Full story available on Benzinga.com
MT Bank Corporation Announces Agreement to Sell MT Insurance Agency to Arthur J. Gallagher Co.
BUFFALO, N.Y. , Sept. 29, 2022 |PRNewswire| -- MT Bank Corporation ("MT Bank") announced today that it has signed a definitive agreement to sell MT Insurance Agency, Inc. ("MTIA") to Arthur J. Gallagher Co. ("Gallagher"). The transaction is subject to regulatory approval and is expected to close during the fourth quarter of this year. Terms of the sale were not disclosed. Founded in 1955, MTIA is a retail insurance agency offering an array of property and casualty products, customized group benefits, and surety solutions in the Northeast and Mid-Atlantic. Current leadership and direct employees of MTIA are expected to join Gallagher. MTIA will continue to serve the entire MT Bank footprint, while leveraging the resources of Gallagher''s global broking and insurance … Full story available on Benzinga.com