Arthur J. Gallagher & Co. announced the acquisition of Real Estate Insurance Solutions, based in Utah. The terms of the transaction were not disclosed.
Real Estate Insurance Solutions, founded in 2004, serves real estate agents and brokers, business brokers, appraisers, home inspectors, title insurance brokers, mortgage brokers, leasing agents, and property managers in 32 states.
Chris Nangle, Head of Real Estate Insurance Solutions, and his team will remain in their current location and report to Kevin Garvin, Head of Gallagher Affinity.
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“Real Estate Insurance Solutions brings Gallagher a strong team of real estate E&O specialists to further enhance our excellent real estate practice,” said J. Patrick Gallagher Jr., chairman, president and CEO of Arthur J. Gallagher. “I am very excited to welcome Chris Nangle and his staff to Gallagher.”