STOCK TITAN

Arthur J. Gallagher & Co. Acquires The Coverage Pro

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary
Arthur J. Gallagher & Co. acquires The Coverage Pro
Positive
  • None.
Negative
  • None.

ROLLING MEADOWS, Ill., Oct. 5, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Scottsdale, Arizona-based The Coverage Pro. Terms of the transaction were not disclosed.

The Coverage Pro is a retail insurance broker with expertise in construction for commercial and personal lines clients throughout Arizona. As part of the transaction Gallagher will also acquire The Coverage Pro's affiliated company General Southwest Insurance Agency, based in Phoenix. Jeff LaScala, Caily LaScala and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

"The Coverage Pro has a culture similar to ours, and their market expertise will enhance our capabilities in the Southwest," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Jeff, Caily and their associates to Gallagher."

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, VP - Investor Relations     

Media: Paul Day, Communications Manager

630-285-3661/ ray_iardella@ajg.com

630-285-5946/ paul_day1@ajg.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-the-coverage-pro-301948040.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What company did Arthur J. Gallagher acquire?

Arthur J. Gallagher & Co. acquired The Coverage Pro.

Where is The Coverage Pro based?

The Coverage Pro is based in Scottsdale, Arizona.

What is the expertise of The Coverage Pro?

The Coverage Pro specializes in construction for commercial and personal lines clients throughout Arizona.

Will The Coverage Pro's team remain in their current location?

Yes, Jeff LaScala, Caily LaScala, and their team will remain in their current location under the direction of Scott Firestone.

Who is the Chairman, President, and CEO of Arthur J. Gallagher & Co.?

J. Patrick Gallagher, Jr. is the Chairman, President, and CEO of Arthur J. Gallagher & Co.

Where is Arthur J. Gallagher & Co. headquartered?

Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois.

What services does Arthur J. Gallagher provide?

Arthur J. Gallagher provides insurance brokerage, risk management, and consulting services.

In how many countries does Gallagher provide its services?

Gallagher provides its services in approximately 130 countries around the world.

Arthur J. Gallagher & Co.

NYSE:AJG

AJG Rankings

AJG Latest News

AJG Stock Data

64.73B
219.40M
1.12%
88.46%
1.29%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United States of America
ROLLING MEADOWS