Distinguished Programs Holdings LLC announced the pending acquisition of Bellevue, Wash.-based Fulcrum Insurance Programs.
The businesses will be combined and rebranded as Distinguished Specialty. Fulcrum principals Dusty Rowland and Eric Arthur will be joining Distinguished Specialty as senior executives and Rowland will join Distinguished’s board of advisors when the deal is concluded.
Brooks Chase will become president of Distinguished Specialty.
The deal is expected to close in the next 60 days.
New York-based Distinguished is a portfolio of businesses serving insurance industry.
Fulcrum is a program administrator focused on the real estate and hospitality industries.
Topics Mergers & Acquisitions Washington
Was this article valuable?
Here are more articles you may enjoy.
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says 
Georgia Insurance Law Is About to Get an Upgrade With Multiple Changes 
What Berkshire’s CEO Abel Said About Insurance 
Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say 
