Arthur J. Gallagher & Co. announced on September 9, 2025, the acquisition of St. Paul, Minnesota-based Bremer Insurance Agencies, Inc. Bremer Insurance Agencies was a subsidiary of Old National Bancorp following the completion of Old National's acquisition of Bremer Bank.
Bremer Insurance Agencies operates as a property/casualty insurance broker, serving commercial, agricultural, and personal lines clients across Minnesota, North Dakota, and Wisconsin. The terms of the transaction were not disclosed by either party.
This divestiture allows Old National Bancorp to streamline its operations by selling a non-core insurance brokerage business. The move enables the company to focus more intently on its core commercial and consumer banking services, wealth management, and capital markets solutions.
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