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Arthur J. Gallagher & Co. Acquires RHP General Agency, Inc.

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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.

Arthur J. Gallagher & Co.

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About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate