Seattle Financial Group Completes Purchase of Turnure & Associates

Seattle Financial Group, one of Seattle’s oldest, family-owned, independent mortgage bankers, reported the acquisition of Turnure & Associates, a property and casualty insurance broker. Seattle Insurance Group, the new insurance arm of the company, will offer a variety of business, personal, and life insurance products to consumers.

“Offering insurance is a natural progression in our company’s drive to provide financial products for all stages of life,” commented Seattle Financial Group President Rob Story. “The addition of Seattle Insurance Group will enable a one-stop solution for comprehensive financial security.”

Tom Turnure, former owner and principal of the agency, was appointed as president of the insurance group and will assume leadership responsibilities of the Financial Group’s insurance services unit. The company had previously announced a joint venture with the company in May of 2005.

Insurance representatives, located at 190 Queen Anne Avenue North, in Seattle, will offer coverage for commercial business, home, auto, life, yachts, and fine art, among other things. Though initially focusing on the Pacific Northwest, the insurance company is licensed to do business in 16 states.