Arthur J. Gallagher Acquires Texas-Based Victory Insurance Agency

Arthur J. Gallagher & Co. has acquired Victory Insurance Agency Inc., based in Pearland, Texas. Terms of the transaction were not disclosed.

Founded in 1983, Victory Insurance Agency (Victory) is a retail insurance broker providing commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to clients throughout the south central United States. The firm specializes in coverages for public entities and school districts as well as the real estate, manufacturing, distribution, energy, marine, technology, transportation and construction industries.

Roger Montemayor and his associates will continue to operate from their Pearland and Lake Jackson, Texas, locations under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations, and John Neumaier, head of Gallagher’s South Central employee benefits consulting and brokerage operations.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill.

Source: Arthur J. Gallagher & Co.