Arthur J. Gallagher & Co. Acquires The Coverage Pro

PR Newswire

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.

SOURCE Arthur J. Gallagher & Co.