Business

Gallagher acquires Real Estate Insurance Solutions

Terms of the transaction were not disclosed

Arthur J. Gallagher and 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 real estate errors and omissions insurance/cyber liability to 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.

Gallagher said Real Estate president Chris Nangle and his associates will remain in their current location under the direction of Kevin Garvin, head of Gallagher Affinity.

J. Patrick Gallagher, Jr, chairman, president and CEO, said: “Real Estate Insurance Solutions brings Gallagher a strong team of real estate specialists to further enhance the offerings of our outstanding real estate practice.

“I am very pleased to welcome Chris Nangle and his associates to Gallagher.”

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