Gallagher’s RPS buys Med James to extend wholesale reach across six states

Gallagher's RPS buys Med James to extend wholesale reach across six states

The geographic logic of the deal is specific. Med James is based in Overland Park and operates from five additional offices in Springfield, Missouri; Little Rock, Arkansas; Las Vegas, Nevada; Colorado Springs, Colorado; and Phoenix, Arizona – a six-state footprint spanning the Mid-South and Mountain West where admitted carrier retreat from transportation, garage, environmental and catastrophe-exposed lines has been particularly pronounced. Those are precisely the lines Med James writes: transportation, garage, professional liability, excess and umbrella, environmental, inland marine and cyber. The deal gives RPS a regional presence in markets where wholesale demand for hard-to-place commercial lines has grown and where RPS previously lacked dedicated local capacity.

Leave a Reply

Your email address will not be published. Required fields are marked *