ROLLING
MEADOWS, Ill., May 15, 2023
/PRNewswire/ -- Arthur J. Gallagher
& Co. today announced that its subsidiary, Risk Placement
Services, Inc. (RPS), has acquired Houston, Texas-based RHP General Agency, Inc.
Terms of the transaction were not disclosed.
RHP is a managing general agency specializing in residential
property insurance for clients throughout Texas. Greg
Vanek and his team will remain in their current location
under the direction of Russell
Duffey, head of RPS' program administration division.
"RHP is a highly regarded agency that enhances our capabilities
in the residential property space and provides strong cross-selling
opportunities," said J. Patrick Gallagher,
Jr., Chairman, President and CEO. "I am delighted to welcome
Greg and his associates to our growing, global team."
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.
Investors: Ray
Iardella, VP - Investor Relations
|
Media: Paul Day,
Communications Manager
|
630-285-3661/
ray_iardella@ajg.com
|
630-285-5946/
paul_day1@ajg.com
|
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SOURCE Arthur J. Gallagher &
Co.