Parsippany, N.J. — York Insurance Services Group Inc., a national provider of insurance services, including claims handling, specialized loss adjusting, managed care, insurance pool administration and loss control, acquired Atlanta-based Site Inspections LLC from parent company Primary Group Inc. The terms of the acquisition were not disclosed.
Site Inspections offers customized loss control services in all 50 states. Inspection reports are provided to clients in online format, giving an aggregate view of their entire book of business and allowing for seamless data mining and trending. In addition to property/casualty site inspections, Site Inspections also provides telephonic and onsite premium audits. Site Inspections specializes in commercial middle market risks with a specific focus on MGA programs.
Greg Hall will remain as president of Site Inspections, which will operate independently but will report up through York Programs. In the programs market, York currently serves as the claims administrator for hundreds of industry-specific programs in dozens of industries. The acquisition will enable York Programs to offer nationwide loss control to its existing program partners, including managing general agents, program administrators, insurers, London syndicates, coverholders and risk retention groups/captives.
“York has invested considerable time and resources in developing our program-specific infrastructure,” says Mark Aussicker, president of York Programs. “Many of our clients have indicated that adding loss control to our current service offering would add significant value and help improve the profitability of their programs. Site’s focus on pleasing clients and providing innovative, value-driven solutions will be a solid complement to our existing relationships.”
Tom MacArthur, chairman and CEO of York Insurance Services Group, says, “York’s expansion strategy is motivated first and foremost by our desire to reduce our clients’ overall cost of risk and remain their first choice as provider of a complete range of insurance services. With Site Inspections, we can now offer our clients quick, high quality, cost-effective inspections, which will help them make better underwriting decisions.”
Source: York Insurance Services Group Inc.
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