Arthur J. Gallagher acquires auto insurance agency Remco Insurance Agencies
TAGS Arthur J. GallagherArthur J. Gallagher & Co.AustinGallagherInsurance acquisition newsInsurance industry newsJ. Patrick GallagherJorge BarcenaRahim PeerbhaiRemco Insurance AgenciesRisk Placement ServicesTexasUSA
Arthur J. Gallagher & Co., through its subsidiary – Risk Placement Services (RPS), has acquired Remco Insurance Agencies based in Austin, Texas for an undisclosed price.
Remco Insurance Agencies, which has been operating since 1987, is a retail non-standard auto insurance agency that caters to clients across Texas.
According to Arthur J. Gallagher & Co., Rahim Peerbhai along with his associates will continue in their existing locations under the direction of RPS Pronto president Jorge Barcena.
J. Patrick Gallagher, Jr. — Arthur J. Gallagher & Co., Chairman, President, and CEO said: “Remco brings us strong market expertise and complements our existing footprint in Texas.
“I am delighted to welcome the Remco team to our growing, global company.”
CATEGORIES General business news