Sterling National Corporation, headquartered in Atlanta, Georgia, has acquired Everett, Washington-based Seattle Specialty Insurance Services, Inc., an insurance services provider to financial institutions.

Founder, president, and CEO, Rick Pedack, will continue to lead the company as it operates as a wholly owned subsidiary of Sterling National.

“Rick and his management team have built a strong platform to provide middle market financial institutions with critical insurance outsourcing and risk mitigation support,” said Sterling National CEO, Bill Krochalis.

Sterling National, a member company of the QBE Insurance Group, is among the nation’s largest providers of specialty insurance and technology-enabled solutions for the mortgage servicing industry.

With operations in Georgia, California, Florida, Iowa, Nebraska, North Carolina, and Texas, the company provides hazard insurance tracking and outsourcing services, voluntary homeowners insurance, customized real estate tax services, back office business process outsourcing, and customer care solutions services for lenders, mortgage servicing organizations, and homebuilders.

“We are excited about having the support of Sterling National … as we continue to enhance the quality and expand the breadth of services to our clients,” Pedack said.