18th November 2024
Davies, the leading specialist professional services and technology business serving insurance and highly regulated markets, today announced the acquisition of Budget Claims Services Inc., (dba Barker Claim Services), the independent loss adjusting firm serving insurers, municipalities and self-insured corporates across Virginia, North Carolina, South Carolina and Northeast Tennessee.
With headquarters in Greensboro, North Carolina, Barker Claim Services provides professional claims handling and loss adjusting expertise predominantly across property, casualty and motor claims. Barker Claim Services will build on Davies’ existing nationwide claims operations in North America, led by Claims Solutions CEO, Don Lederer, providing additional regional coverage to clients in the states of Virginia, North Carolina, South Carolina and Northeast Tennessee.
Strong organic growth combined with a programme of strategic M&A has seen Davies expand its operations in North America since 2019, with a focus on combining nationwide coverage with regionalized expertise. The firm’s claims capability within North America now spans Property & Casualty, Life & Health, Transportation, Energy and Marine insurance markets and includes a full range of TPA and loss adjusting solutions across all 50 states and parts of Canada. Davies full service offering across North America includes captive management, forensic accounting, auditing, actuarial, subrogation, excess claims management and risk & inspection solutions.
Dan Saulter, Group CEO, Davies said: “I’d like to extend a warm welcome to Brian and the rest of the team at Barker Claim Services. Brian and his team have an excellent reputation for maintaining strong relationships with its clients and delivering an exceptional level of service with local expertise.”
Brian Barker, President, Barker Claim Services added: “I’m delighted that Barker Claim Services is joining Davies. By investing heavily in technology and its people, Davies has been able to grow rapidly within the insurance market in North America over the last few years. Combining our regional expertise with Davies’ strong market presence and end-to-end insurance & risk management solutions will allow us to offer clients a bespoke service operation and strengthen our overall proposition.”
Globally, Davies’ team of 8,500+ professionals deliver professional services and technology solutions across the risk & insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, forensic accounting, customer experience, human capital, digital transformation & change management.
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