PRO1811

Highly Profitable Professional Insurance Claims Service Provider in Oklahoma

Southwest US
 

The company provides adjuster and appraisal services, as well as Third Party Administrator (TPA) services, to insurance carriers who underwrite property and casualty insurance contracts within the United States. Clients include US domestic insurers, underwriters at Lloyd’s, and European Union based insurers.

Key Aspects:

  • Highly experienced TPA and claim adjustment company, specializing in transportation related claims, and property and casualty claims.
  • Key management willing to stay on after a sale.
  • Staff of experienced claims management professionals.
  • Twenty-four hour claim services provided to clients.

    Opportunities:

    • Invest in the business to grow operational capacity and gain market share.
    • Capitalize on international relationships to expand TPA contracts.
    • Expand operations with regards to claims management services for United States insurance carriers.
       
       
       
      Year:

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      Tax Rtns

      '000

      2019

      Tax Rtns

      '000

      Turnover5,7076,1206,1297,012
      Gross Profit:5,7076,1206,1297,012
      Adj. EBITDA *1,0051,1898431,099
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited