Global insurance broker, Arthur J. Gallagher & Co. has announced the acquisition of Park City, Utah-based Real Estate Insurance Solutions for an undisclosed sum.
Founded in 2004, Real Estate Insurance Solutions offers a range of real estate errors & omissions insurance/cyber liability coverages.
Its clients include commercial and residential real estate agents and brokers, business brokers, appraisers, home inspectors, title insurance agents, mortgage brokers, leasing agents and property managers in 32 states.
Following the acquisition by Arthur J. Gallagher, President Chris Nangle and his associates will remain in their current location under the direction of Kevin Garvin, head of Gallagher Affinity.
“Real Estate Insurance Solutions brings Gallagher a strong team of real estate E&O specialists to further enhance the offerings of our outstanding real estate practice,” said J. Patrick Gallagher, Jr., Chairman, President and CEO.
“I am very…