Gallagher snaps up Texas MGA

Arthur J. Gallagher & Co. has announced that Risk Placement Services (RPS), its US wholesale brokerage, binding authority and programs division, has acquired Texas-based Tejas American General Agency (TAGA). Terms of the transaction were not disclosed.

Founded in 1997, TAGA is a managing general agency that offers commercial, farm and personal insurance products to independent agents throughout Texas.

As part of the deal, TAGA leaders Bart Koch, Anita Herzog, Cindy Yorkovich, Richard Salley and their team will remain in their current location. They will report to Kevin Doyle, vice president – Western Region and Chicago for RPS.

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“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 of Arthur J. Gallagher. “I am very pleased to welcome Bart, Anita, Cindy, Richard and their associates to our global company.”