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Arthur J. Gallagher & Co. Acquires Remco Insurance Agencies, Inc.

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ROLLING MEADOWS, Ill., Jan. 23, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its subsidiary, Risk Placement Services, Inc. (RPS), has acquired Austin, Texas-based Remco Insurance Agencies, Inc. Terms of the transaction were not disclosed.

With roots going back to 1987, Remco Insurance is a retail non-standard auto insurance agency serving clients throughout Texas. Rahim Peerbhai and his associates will remain in their current locations under the direction of Jorge Barcena, President of RPS Pronto.

"Remco brings us strong market expertise and complements our existing footprint in Texas," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome the Remco team to our growing, global company."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

 

Investors:  Ray Iardella           

Media:  Paul Day   

VP - Investor Relations                           

Communications Manager

630-285-3661 / ray_iardella@ajg.com           

630-285-5946/ paul_day1@ajg.com

 

 

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SOURCE Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co.

NYSE:AJG

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About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate