British insurance services provider Davies has acquired US-based peer Frontier Adjusters.
The acquisition marks the first US claims deal of Davies and its fourth purchase this year.
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Financial terms of the transaction were not divulged.
Ohio-based Frontier offers claims adjusting services across 50 US states along with some regions of Canada.
The firm focuses on property, casualty, and auto insurance claim, supporting claims lifecycle management through its multi-line claims management platform called FACTS.
Frontier will now become the independent adjusting unit of Davies’ US claims solutions business.
All Frontier staff will be retained as part of the deal, with senior vice president Milo Bolender continuing to spearhead the team.
Davies group CEO Dan Saulter said: “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.”
Davies’ other recent acquisitions include that of GBB Holdings and TopMark Claims Management.
