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13 September 2019Insurance

Davies mulls North American expansion with first claims deal

Insurance service provider Davies Group has acquired Ohio-based Frontier Adjusters, a multi-line independent claims adjusting provider, as part of its North American investment plans.

Specialising in all major property, casualty and auto insurance claims, Frontier works in partnership with national and regional insurance companies, third party administrators, self-insured entities, and governmental agencies.

The deal marks Davies’ fourth acquisition of 2019 and its first claims deal in the US. Frontier will become the independent adjusting arm of its new US claims solutions business.

Earlier this year, Canadian investor AIMCo took a minority stake in the group alongside majority shareholder HGGC to support Davies’ next phase of international expansion and digital transformation.

“I am excited to welcome the whole Frontier team to Davies," said Dan Saulter, group chief executive of 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.”

He added: “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.”

Milo Bolender, SVP of Frontier, commented: “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.”

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