GLENS FALLS — Gallagher, a global insurance and risk management brokerage firm, this wek announced it would join Cool Insuring Agency, Inc. in its support of the Glens Falls Arena, and extend its naming rights through 2025. The agreement comes following an announcement in December that Gallagher acquired Queensbury-based Cool Insuring Agency, Inc. Terms of the transaction were not disclosed.
“A key part of growing Gallagher’s business is to work with people and organizations like Cool Insuring Agency who share our common values of ethics, integrity, service and community enrichment,” said Bob Crandall, Area President for Gallagher in Albany, in a prepared statement. “We can’t think of a better way to support the upstate New York community than by serving as a steward of the Arena, and we are excited to be part of its deep roots in Glens Falls.”
The 4,794-seat multi-purpose arena located in downtown Glens Falls currently serves as the home of a minor league hockey team and also hosts a 7,335 square foot banquet facility called Heritage Hall. While currently closed due to restrictions of the COVID-19 pandemic, the Arena will continue to host popular local activities including tractor pulls, concerts, public skating, indoor walking and more to the upstate community.
Cool Insuring Agency, Inc. was founded in 1857 by Charles W. Cool, the first mayor of the city of Glens Falls and has served the community for the past 150 years. The partnership extension will include the naming rights to the Arena, which was officially named Cool Insuring Arena in 2018.
“We have developed a great relationship with Cool Insuring over these past few years as our naming rights partner, and we are thrilled that Gallagher wanted to extend our partnership,” said Jeff Mead, General Manager for Cool Insuring Arena.
