Gallagher’s RPS snaps up MGA | Insurance coverage Enterprise America

It is the most recent in a string of offers

Gallagher's RPS snaps up MGA

Mergers & Acquisitions

Jen Frost

Texas-based RHP makes a speciality of residential property insurance coverage. Greg Vanek, who has served as RHP CEO since 2017, and his group are anticipated to stay with the enterprise of their present location, overseen by Russell Duffey, head of RPS’ program administration division.

“RHP is a extremely regarded company that enhances our capabilities within the residential property house and supplies robust cross-selling alternatives,” mentioned J. Patrick Gallagher, Jr., Gallagher chairman, president and CEO. “I’m delighted to welcome Greg and his associates to our rising, international group.”

The deal is Gallagher’s newest in Texas. In April, it confirmed the acquisition of Wichita Falls-based Boley-Featherston Insurance coverage, a retail company specializing in oil and gasoline, development, healthcare, and advantages consulting.

Different latest Gallagher buys have included Nebraska-based High quality First Insurance coverage, Arizona-based Viking Bond Service, and Indiana-headquartered Stewart, Brimner, Peters & Firm.

“Collectively, our complementary strengths inside retirement, advantages consulting and administration providers will improve the worth we ship to our shoppers, and our collective experience will present great alternatives for progress,” Pat Gallagher mentioned of the Buck deal in April.

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