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Arthur J. Gallagher & Co. has acquired National Ethics Bureau Inc. in Carlsbad, Calif.

Terms of the deal were not disclosed.

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

National Ethics Bureau, doing business as the National Ethics Association, is a national program administrator that provides insurance products and services for its association members throughout the U.S. It specializes in errors and omissions insurance coverage for business professionals such as insurance agents, investment advisors, real estate agents, tax preparers and bookkeepers. It also offers its members a variety of other association-sponsored products and services.

Itasca, Ill.-based Arthur J. Gallagher is an international insurance brokerage and risk management services firm.

Topics Mergers & Acquisitions California