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Classified in: Business
Subject: TNM

Arthur J. Gallagher & Co. Completes Acquisition Of Pronto Insurance


ROLLING MEADOWS, Ill., June 6, 2018 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed the acquisition of Brownsville, Texas-based Managing General Agency (MGA), broker and claims administrator Pronto Insurance. 

Pronto's primary business is the placement of personal automobile insurance for consumers throughout Texas, California and Florida, with a special focus on serving the rapidly growing Hispanic market. It operates an omni-channel distribution network of Pronto-owned agencies, franchise agents, independent agents and a direct-to-consumer eCommerce platform.

Pronto will continue to operate from its current locations as a subsidiary of Risk Placement Services, Inc. (RPS), Gallagher's wholesale and MGA operation.

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Investors:  Ray Iardella                                

Media:  Anna Rozenich                         

VP ? Investor Relations                               

VP ? Global Media Relations

630-285-3661/ [email protected]          

630-285-5954/ [email protected]

 

SOURCE Arthur J. Gallagher & Co.


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