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Arthur J. Gallagher acquires RPA Insurance Services

Arthur J. Gallagher & Co. acquired Parsippany, N.J.-based RPA Insurance Services LLC and Innovative Coverage Concepts LLC.

Terms of the deal were not announced.

RPA Insurance Services provides insurance and risk management services to the restaurant and hospitality industry. Innovative Coverage Concepts is a program manager and managing general agency focused on developing and delivering insurance programs for restaurants of all types throughout the U.S.