Arthur J. Gallagher Closes Acquisition of Texas MGA, Pronto Insurance

Arthur J. Gallagher & Co. 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 in 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.

Source: Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions Texas Insurance Wholesale A.J. Gallagher