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Arthur J. Gallagher acquires national program administrator

Arthur J. Gallagher & Co. has acquired Carlsbad, Calif.-based National Ethics Bureau Inc. d/b/a the National Ethics Association.

Terms of the transaction were not disclosed.

The National Ethics Association is a national program administrator that provides insurance products and services for its members across the U.S. It specializes in errors and omissions insurance coverage for business professionals such as insurance agents, investment advisers, real estate agents, tax preparers and bookkeepers.

Japheth Smellie and his team will continue to operate from their Southern California location under the direction of Kevin Garvin, head of Arthur J. Gallagher's North American affinity operations.