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Arthur J. Gallagher & Co. Completes Acquisition Of Pronto Insurance
PR Newswire
ROLLING MEADOWS, Ill., June 6, 2018
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/ ray_iardella@ajg.com | 630-285-5954/ anna_rozenich@ajg.com |
SOURCE Arthur J. Gallagher & Co.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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