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Insurance Business Magazine | January 30, 2020
SCM Insurance Services, an insurance and risk management services provider serving North America, has announced that two companies it acquired in the past will undergo a rebrand. The two companies, Nixon & Company and Allmark Services, will be rebranded as ClaimsPro. ClaimsPro is a prominent provider of independent adjusting services in Canada, and is one of the firms under the SCM Insurance Services Group of Companies. In the US, ClaimsPro offers local field support through 11 branch locati...
CAC Specialty | March 20, 2020
CAC Specialty has entered into a strategic partnership with funds managed by affiliates of Fortress Investment Group. The strategic relationship allows CAC Specialty to help with the capital needs of its clients with their acquisitions, recapitalizations, growth capital and other financing transactions. Fortress is ready to offer short-term financing for CAC clients experiencing liquidity pressure due to both the direct and indirect impact of the COVID-19 pandemic. “During this challenging...
Compliance
PPO Profits | December 22, 2021
PPO Profits acquires Dental Performance Experts (DPE), an elite PPO claims processing and accounts receivables firm serving PPO based dental offices nationwide (terms not disclosed). As part of the acquisition, PPO Profits launches a new division called RCM Profits (Revenue Cycle Management) led by Amy Hernandez, owner of DPE. PPO Profits joined hands with DPE to marry technology and knowledge to streamline the claims process. PPO Profits and DPE shared many clients and crossed pa...
Insurance Technology
HealthComp | January 18, 2022
HealthComp Holding Company LLC (“HealthComp” or “the Company”), a New Mountain Capital company and a leading Third-Party Administrator (TPA) of healthcare benefits for self-funded employers, today announced that it has acquired Gilsbar’s TPA and Care Management (MedCom) divisions (Gilsbar, LLC). Together, the combined business will continue to deliver on two critical priorities for its clients: managing healthcare costs and delivering a best-in-class member experien...
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