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Arthur J. Gallagher & Co. acquires McKee Risk Management

Arthur J. Gallagher (AJG) & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, has acquired King of Prussia, Pennsylvania-based McKee Risk Management. Terms of the transaction were not disclosed. McKee Risk Management is a program administrator providing underwriting, policy administration, claims coordination and risk management services with program focuses of construction, public entity and property. Clyde McKee III, Clyde McKee IV and their team will operate under RPS’s program administration division.

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