Operations management, consulting and provider of digital solutions, Davies Group, has announced the acquisition of multi-line independent claims adjusting provider, Frontier Adjusters.
The deal is Davies Group’s fourth acquisition of 2019 and its first U.S. claims deal. The acquisition sees Frontier form the independent adjusting arm of Davies’ new US Claims Solutions business, which will sit alongside Davies’ existing business in the US, which includes its captive management business, Quest, and also its insurance audit and inspection businesses.
Following the transaction, Milo Bolender, Senior Vice President (SVP) of Frontier, will continue to lead the business with close support from Vice President, Tyson Ware, as well as the broader leadership team. Furthermore, all Frontier employees will remain in their positions as Davies’ employees.
Dan Saulter, Group Chief Executive Officer (CEO) of Davies Group, said: “I am excited to welcome the whole Frontier team to Davies. Frontier’s breadth of capability, their geographic footprint, their focus on client service, and investment in technology strongly aligns with our ethos. The addition of Frontier to our growing platform means we can provide our insurance clients with multi-line claims solutions in the US and Canada, in addition to our established operations in the UK and Ireland.
“Extending our claims operations to North America is an important part of our growth strategy. We plan to continue developing our solutions in North America through adding complementary TPA and supply chain capabilities both organically and through additional acquisitions in the future.”
Bolender added: “We’re delighted to join Davies and are excited about our key role in the group’s expansion plans in North America. We have a strong network of franchisee owner-operators with deep experience who are committed to delivering quality independent adjusting services. I look forward to working with those customers we have in common and to being able to offer these services to Davies’ wider client base to drive future growth and opportunities for Frontier and our franchisees.
“Being part of a global business means more opportunities for our staff and their career development. Our Frontier team will benefit from access to unique Davies’ initiatives such as the Disruptive Thinking Innovation Lab and the Davies Foundation.”