Arthur J. Gallagher & Co. Completes Acquisition of Texas-based Broker
- June 06, 2018
Arthur J. Gallagher & Co. Completes Acquisition Of Pronto Insurance
ROLLING MEADOWS, IL -- Arthur J. Gallagher & Co. 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.