Distinguished Programs Holdings LLC(Distinguished) announced the pending acquisition ofBellevue, Washington-based Fulcrum Insurance Programs(Fulcrum). The businesses will be combined and rebrandedas “Distinguished Specialty.” Fulcrum's principals Dusty Rowlandand Eric Arthur will join Distinguished Specialty as seniorexecutives and Rowland will join Distinguished's Board of Advisorswhen the deal is completed. The transaction is expected to becompleted by the end of October.
Advent Insurance Management (Advent) announcedthe creation of Advent Insurance Management LLC,establishing its presence across multiple locations in the U.S.Creation of the Delaware-based business followed a joint ventureagreement with Oklahoma-headquartered AmeriClaim; an expert claimsadjusting business with more than 200 locations across NorthAmerica. Advent holds a 50.1% controlling interest in the newbusiness.
Patriot National announced that it has nowfully acquired Global HR Research (GHRR). Based inFort Myers, GHRR provides pre-employment background screening,assessment and acquisition solutions that supplement Patriot'sbroad employer service offerings.
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Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
