Davies Group, the leading specialist professional services and technology business serving insurance and highly regulated markets, has announced the acquisition of Johns Eastern Company, Inc., a leading Third Party Administration (TPA) and independent adjusting firm based in Sarasota, Florida.
Johns Eastern’s offerings span Workers Compensation, Auto, Trucking, General Liability, Property and Motor Truck Cargo claims. The Company combines technology enabled end-to-end claims management services with field adjusting expertise, managing the claims process through to settlement for large insurers, self-insured corporates, public entities and the Lloyds of London market. Johns Eastern will form part of Davies’ established claims operation in the US.
Waller Helms Advisors acted as exclusive financial advisor to Johns Eastern Company, Inc. in connection with this transaction.