Arthur J. Gallagher & Co. Acquisition of Remco Insurance Agencies, Inc.

FOREST, Ill., January 23, 2023 /PRNewswire/ — Arthur J. Gallagher & Co. today announced that its subsidiary, Risk Placement Services, Inc. (RPS), received Austin, Texas-based Remco Insurance Agencies, Inc. Terms of the transaction were not disclosed.

With roots going back to 1987, Remco Insurance is a non-profit insurance broker that serves customers around the clock. Texas. Rahim Peerbhai and its partners will remain in their current locations under the direction of a Jorge BarcenaPresident of RPS Pronto.

“Remco brings us strong marketing expertise and completes our footprint in Texas,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am pleased to welcome the Remco team to our growing, international company.”

Arthur J. Gallagher & Co. (NYSE:AJG), is a global insurance, risk management and consulting firm, headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its operations and a network of dealers and consultants.

Investors: Ray Iardella

Media: Paul Day

VP – Investor Relations

Communications Manager

630-285-3661 / (protected mail)

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