Gallagher acquires Texas-based Remco Insurance Agencies

Gallagher acquires Texas-based Remco Insurance Agencies

Arthur J. Gallagher & Co. has announced that its subsidiary, Risk Placement Services (RPS), has acquired Remco Insurance Agencies.

The terms of the transaction were not disclosed.

Based in Austin, TX, Remco was founded in 1987. It is a retail non-standard auto insurance agency that serves clients throughout the state of Texas.

As part of the transaction, Remco Insurance president and CEO Rahim Peerbhai and his associates will remain in their current locations under the leadership of RPS Pronto president Jorge Barcena, a company release said.

“Remco brings us strong market expertise and complements our

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