Arthur J. Gallagher & Co. Acquires Tejas American General Agency, LLC
PR Newswire
ROLLING MEADOWS, Ill. , Nov. 2, 2022 /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 Cedar Park, Texas -based Tejas American General Agency, LLC (TAGA). Terms of the transaction were not disclosed.
Founded in 1997, TAGA is a managing general agency offering commercial, farm and personal insurance products to independent agents throughout Texas . Bart Koch , Anita Herzog , Cindy Yurkovich , Richard Salley and their team will remain in their current location under the direction of Kevin Doyle , VP-Western Region & Chicago for RPS.
"TAGA is a well-regarded agency whose deep expertise and strong culture will enhance our growth opportunities in Texas ," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am very pleased to welcome Bart, Anita, Cindy, Richard and their associates to our global company."
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 | Media: Paul Day |
VP - Investor Relations | Communications Manager |
630-285-3661/ ray_iardella@ajg.com | 630-285-5946/ paul_day1@ajg.com |
SOURCE Arthur J. Gallagher & Co.