Davies, a professional services and technology specialist, has announced its acquisition of Premier Claims Management, LLC (PCM), a claims service provider specialising in professional and general liability claims.
Based in Santa Ana, California, PCM’s addition strengthens Davies’ North American (NA) services by expanding its professional and general liability claims capabilities and litigation expertise for the Lloyd’s market.
PCM also brings a comprehensive range of programs for London Market insurers, including handling errors and omissions claims for professionals such as realtors, appraisers, actuaries, and attorneys, further enhancing Davies’ offerings for its clients.
Marilyn Bonetati, founder of PCM, along with more than 40 team members, including 16 experienced coverage attorneys, will join Davies’ North American claims operations under the leadership of Claims Solutions CEO Don Lederer.
Over the last five years, Davies has made significant investments in North America, expanding its claims services across the Property & Casualty, Life & Health, Transportation, Energy, and Marine insurance markets. These services now include third-party administration and loss adjusting across all 50 U.S. states and parts of Canada.
This announcement follows Davies’ recent acquisition of Budget Claims Services, an independent loss adjusting firm based in North Carolina, further expanding its nationwide claims operations in North America.
Bonetati commented, “My team and I are thrilled to be joining Davies. By combining Davies’ and PCM, clients will benefit from a personalized service while gaining access to Davies’ wide-ranging global claims capabilities and technology investments.”
Matt Button, CEO – Davies North America, said, “I am pleased to welcome Marilyn and her team to Davies. We’ve seen increased appetite from the London market in recent years to partner with fewer organizations across North America. The addition of the PCM team and their specialist expertise will significantly enhance our client proposition, as we continue to strengthen our claims service offering in North America and globally.”
Davies was advised by RSM for this transaction, and its lawyers were Dorsey. PCM’s lawyers were The Law Offices of Steven D Rubin, APC.
