Arthur J. Gallagher & Co. has introduced the acquisition of California-based Bulen & Associates Insurance Services. The phrases of the transaction weren’t disclosed.
Bulen & Associates, based in 1929, is a property-casualty company that serves people and companies in southern California. As a part of the deal, company principal Lisa Mosby and her staff will stay at their present location in Murrieta, Ca. They will report back to Scott Firestone, head of Southwest area P&C brokerage operations for Gallagher.
“Bulen & Associates is a highly regarded agency with deep community roots and a culture like ours,” stated J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I am delighted to welcome Lisa and her associates to Gallagher.”
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Bulen & Associates is the newest of a number of acquisitions by Gallagher this 12 months. Earlier this month, the corporate acquired North Carolina-based PIUS Limited and Texas-based Tejas American General Agency.
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