PHR acted as legal counsel to Grupo Ilao in the negotiation, execution and closing of the stock purchase agreement to acquire 100% of Prois Programadora de Seguros Ltda., through its affiliates Chariot & Castle Seguros S.A.S., and Chariot & Castle Seguros II S.A.S. This transaction consolidates Grupo Ilao as a key player and one of the most relevant insurance brokerages in Colombia.