Fulmer & Company is pleased to celebrate the recent announcement that APOLLO Insurance Solutions Ltd. (APOLLO) is now a Gallagher Company. In 2019 Fulmer & Company led a group of investors who made a strategic equity investment in APOLLLO. Since making that investment we have been pleased to witness the progress of this key innovator in the online insurance marketplace.

On August 5^th APOLLO, a Vancouver-based digital insurance broker and managing general agency, announced its entry into an agreement to become part of Arthur J. Gallagher & Co. ("Gallagher") a global insurance brokerage, risk management and consulting services firm. The move is an important milestone in APOLLO's mission to modernize how individuals, businesses, and brokers can purchase personal and commercial insurance instantly, on any device, 24/7.

Since 2018, APOLLO has grown to manage insurance for over 500,000 individuals and businesses across personal and commercial lines, with a network of 150+ partner organizations providing embedded tenant insurance, and 9,500+ brokers registered on its Exchange marketplace. That same AI-powered platform also drives programs like its Best Price Guarantee, which uses AI to analyze the insurance documents a customer submits and guarantee a better price, saving Canadian renters an average of $84 a year on tenant insurance.

This transaction is expected to accelerate that growth further by reaching more customers, expanding product lines, and growing partnerships across the country.

For more information about this announcement visit APOLLO's website