Acrisure LLC said on Wednesday that it has acquired Russell Scanlan Ltd., a commercial insurance broker and risk manager based in Nottingham, England.
The terms of the transaction were not disclosed. The brokerage house will continue to operate under the Russell Scanlan brand.
Russell Scanlan, which has 35 employees and was founded in 1881, provides commercial insurance advice to companies in several specialist sectors and to private clients.
Russell Scanlan’s management team, led by CEO Bryan Banbury, sales and marketing director Mike Dickinson and director Simon Winiarski, will continue to run the business, Acrisure said in a statement.
Acrisure said it has completed or has 100 acquisitions under its letter of intent this year and has operations in more than a dozen countries.
Grand Rapids, Michigan-based Acrisure is the ninth largest brokerage firm of American companies, according to Business insurances latest ranking.