Arthur J. Gallagher & Co. Acquires Med James, Inc.

Arthur J. Gallagher (NYSE:AJG) announced that its U.S. wholesale division, Risk Placement Services (RPS), has acquired Overland Park, Kansas-based Med James, a managing general agency and wholesale insurance broker serving retail agents.

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Rhea-AI Summary

Arthur J. Gallagher (NYSE:AJG) announced that its U.S. wholesale division, Risk Placement Services (RPS), has acquired Overland Park, Kansas-based Med James, a managing general agency and wholesale insurance broker serving retail agents. Transaction terms were not disclosed.

Pam Donahue and the Med James team will remain in place under RPS North Central Region VP Jacey Norberg, which Arthur J. Gallagher says expands RPS capabilities in the region.

Positive

RPS acquires Med James MGA and wholesale broker platform, expanding regional capabilities
Retention of Med James leadership and team under RPS North Central Region structure
Adds Overland Park, Kansas presence to RPS’s U.S. wholesale brokerage footprint

Negative

None.

Argus Jul 10 session

-0.26% close to close 0.5x rel. volume Open Argus

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News Market Reaction – AJG

On Jul 10, the first trading day after this news, AJG closed 0.26% below the previous close.

Data tracked by StockTitan Argus for the Jul 10 session.

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07/09/2026 - 04:30 PM EDT

ROLLING MEADOWS, Ill., July 9, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Overland Park, Kansas-based Med James, Inc. Terms of the transaction were not disclosed.

Med James is a managing general agency (MGA) and wholesale insurance broker serving retail agents. Pam Donahue and the Med James team will remain in their current location under the direction of Jacey Norberg, VP-North Central Region for RPS.

"Med James has a strong reputation in the wholesale space and expands RPS's capabilities in the region," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome the Med James team to our growing, global family of professionals."

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.

Investor Relations: Sara Walsh, CFA	Media Relations: Paul Day
630-285-3593 / sara_walsh@ajg.com	630-285-5946 / paul_day1@ajg.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-med-james-inc-302820373.html

SOURCE Arthur J. Gallagher & Co.

FAQ

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What acquisition did Arthur J Gallagher (NYSE:AJG) announce on July 9, 2026?

Arthur J Gallagher announced that Risk Placement Services acquired Med James, a wholesale insurance broker and managing general agency. According to Arthur J Gallagher, Med James serves retail agents and will operate under the RPS North Central Region following the completion of the transaction.

Who is Med James in the Arthur J Gallagher (AJG) 2026 acquisition announcement?

Med James is a managing general agency and wholesale insurance broker serving retail agents in Overland Park, Kansas. According to Arthur J Gallagher, the acquired firm will strengthen Risk Placement Services’ wholesale capabilities and continue operating from its current location under existing leadership.

How will Med James be integrated into Risk Placement Services after the AJG acquisition?

Med James will remain at its current Overland Park, Kansas location under RPS’s North Central Region leadership. According to Arthur J Gallagher, Pam Donahue and the Med James team will report to Jacey Norberg, VP-North Central Region for Risk Placement Services.

Were the financial terms of the Med James acquisition by Arthur J Gallagher (AJG) disclosed?

No, the financial terms of the Med James acquisition by Risk Placement Services were not disclosed. According to Arthur J Gallagher, the announcement confirms the completion of the transaction but does not provide purchase price or specific valuation details for investors.

What does the Med James acquisition mean for Arthur J Gallagher’s RPS wholesale operations?

The acquisition is intended to expand RPS’s wholesale capabilities in the North Central region of the United States. According to Arthur J Gallagher, Med James’s strong wholesale reputation and team are expected to enhance regional services provided to retail insurance agents.

Arthur J. Gallagher & Co. Acquires Med James, Inc.