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Providium merges with international employee benefits leader Arthur J. Gallagher & Co.

Business as usual for Providium clients, yet with additional services now available as ‘the best just got better’

PERINTON, N.Y. - Providium Consulting Group and Providium Human Resource Group have merged forces with international insurance leader Arthur J. Gallagher & Co., while continuing to serve existing clients via Providium’s Rochester and Buffalo suburban offices.

"Providium has built an excellent reputation for delivering added value to their clients through their teamwork approach to quality service," said Patrick Gallagher Jr., chairman, president and CEO. "Their culture will be a wonderful complement to our employee benefit brokerage operations, and we are pleased to welcome the team to our growing Gallagher family of professionals."

Gallagher & Co., founded in 1927, is the world’s fourth largest insurance brokerage and risk management firm. The company has been recognized as one of Forbes magazine's "Platinum 400 Best Big Companies in America." Headquartered in Itasca, Ill., a suburb of Chicago, the company has operations in 13 countries and does business in more than 100 countries around the world through a network of specialized companies. With access to the full resources of Gallagher, Providium can provide additional services to its clients and be more competitive in pursuing new business. Providium is currently no. 27 on the Rochester Top 100 list, determined by company growth by the Rochester Business Alliance.

Providium Consulting Group was formed in 2002, joined by sister company Providium Human Resource Group in 2006. The Providium management team includes Richard Bannister, Keith Williams, Michael Martone, Marylane Bianchi, and Elaine McKenna.

"This is good news for us," Williams said. "With Gallagher’s strength and platform of services offered, we have taken our company to the next level. We just got a lot stronger."

Providium offers employee benefit consulting and brokerage services, with an emphasis on implementation, compliance, and cost-containment, as well as strategic and operational human resource services, including global mobility. Since Providium has long been a leader in the field, company officials are proud to share that through this merger "the best just got better." "Human Resource Outsourcing is a major growth area for Gallagher and we are very fortunate to be part of the organization at this time," Bianchi said. "Gallagher can provide us with the tools and resources equal to those of the other national HR outsourcing organizations while allowing us to continue giving our clients the customer-service attention a small company can provide."

More about Arthur J. Gallagher & Co.
International service provider Arthur J. Gallagher & Co plans, designs, and administers a full array of customized, cost-effective property/casualty insurance and risk management programs. The company also furnishes a broad range of risk management services -- including claims and information management, risk control consulting and appraisals -- to help corporations and institutions reduce their cost of risk. In addition, the company assists clients in all areas of their employee health/welfare and retirement plans, including plan design, funding, and administration. Gallagher is traded on the New York Stock Exchange under the symbol AJG.