Arthur J. Gallagher & Co. on Monday announced the acquisition of Mutual Insurance Services Inc. in Federal Way, Wash.
Mutual Insurance Services Inc., which was founded in 1985, is a managing general agent and wholesale insurance broker that provides surplus, property/casualty, professional business liability and other specialty insurance products and services to their independent insurance agent and broker clients primarily in northwestern United States.
Terms of the deal were not disclosed.
Connie Divelbiss and her associates will continue to operate from their current location under the direction of Joel Cavaness, president of Itasca, Ill.-based Arthur J. Gallagher subsidiary Risk Placement Services Inc.
“MIS is a great example of what we look for in an acquisition partner,” J. Patrick Gallagher, Jr., president and CEO of Arthur J. Gallagher, said in a statement.
Topics Mergers & Acquisitions Insurance Wholesale Washington A.J. Gallagher
Was this article valuable?
Here are more articles you may enjoy.
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
Camp Mystic, Where Texas Floods Killed 28, Files Bankruptcy 
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask 
NAIC Says Data Taken in Hack Has Been Published Online 
