Arthur J. Gallagher subsidiary RPS acquires McKee Risk Management

Arthur J. Gallagher (NYSE:AJG) announced that its domestic wholesale brokerage, binding authority, and programs division, Risk Placement Services (RPS), has completed the acquisition of McKee Risk Management.

Financial parameters of the transaction were not publicly disclosed.

Based in King of Prussia, Pennsylvania, McKee Risk Management operates as a specialized program administrator.

The firm delivers comprehensive property and casualty insurance solutions, focusing specifically on underwriting infrastructure, multi-line policy administration, structured claims coordination, and localized risk management services.

McKee's commercial programs are primarily tailored to niche corporate exposures within the construction, public entity, and property sectors.

Under the structural terms of the integration framework, executives Clyde McKee III and Clyde McKee IV, alongside their existing contingent of underwriting professionals and risk consultants, will officially transition to the RPS organization.

The incoming team is slated to operate directly under the umbrella of the wholesale broker's specialized program administration unit, maintaining their current regional operational focus while scaling via Gallagher's broader institutional resources.