ROLLING MEADOWS, Ill. — 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.”
SOURCE Arthur J. Gallagher & Co.
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.