Arthur J. Gallagher & Co. has acquired Parsippany, N.J.-based RPA Insurance Services LLC and Innovative Coverage Concepts LLC.
RPA Insurance Services is a provider of insurance and risk management services to the restaurant and hospitality industries. It operates from offices in New Jersey, California, Colorado, Pennsylvania and Florida.
Innovative Coverage Concepts (ICC) is a program manager and managing general agency focused exclusively on developing and delivering specialized insurance programs for restaurants of all types throughout the U.S.
Following the transaction, Dean Carras and his team will continue to operate in their current locations reporting to Dan Tropp, head of Gallagher’s Mid-Atlantic retail property and casualty brokerage operations, and Joel Cavaness, head of Gallagher’s U.S. wholesale brokerage operations.
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Ill. The company has operations in 35 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Source: Arthur J. Gallagher & Co.
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