Distinguished to Acquire Fulcrum Insurance Programs in Washington

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.

MergerThe 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.