ROLLING MEADOWS, Ill. — 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.”
SOURCE Arthur J. Gallagher & Co.
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.