Charles Taylor snaps up Kentucky-based TPA

Deal expands company's claims management footprint

Charles Taylor snaps up Kentucky-based TPA

Insurance News

By Ryan Smith

Charles Taylor has announced its acquisition of Underwriters Safety & Claims (US&C), a third-party administrator and managed-care services provider with operations across the US. The acquisition expands Charles Taylor’s claims management footprint and enhances the managed-care services the company can offer clients.

“The strategic expansion of our TPA and managed-care service offerings is a critical part of Charles Taylor’s continued focus on growing our full-service claims solutions business in the US, spanning TPA, adjusting and technical services,” said Robert Brown, global CEO of Charles Taylor. “The acquisition of US&C, which has built a reputation for exceptional service over 80 years, brings on board a highly experienced team of claims and managed-care professionals, along with long-term clients with multiple risk exposures. Together, we strengthen our comprehensive service offerings across all lines of business, including property and casualty.”

“Since our founding in 1941, US&C has been at the forefront of the industry by developing business solutions that are tailored to address the evolving needs of employers and insurers,” said Scott Ferguson, president of US&C. “I am extremely proud of the success our dedicated team continues to achieve. Joining the Charles Taylor family will help US&C chart an exciting new chapter of growth by tapping into Charles Taylor’s national network and leveraging its global resources. This opens up a future full of opportunity for our employees and clients alike.”

US&C is a third-party claims administrator for municipalities, utilities, school districts and private employers. The company specializes in workers’ compensation and liability, and also provides a full suite of managed-care services, including bill review, access to preferred provider organizations, utilization review, 24-hour nurse triage and case management. The company is based in Louisville, Ky., and has offices throughout the country.

“The acquisition of US&C, with its strong presence in the Southeast and Midwest, broadens Charles Taylor’s geographic reach beyond our strong presence along the coastal regions, a process that began last year with the acquisition of Aegis, a leading mutual management and third-party claims administrator for the municipal market,” said Christopher Schaffer, CEO of Charles Taylor TPA. “US&C brings extensive expertise in the public-entity and manufacturing sectors, and also has the same client-centric operating principles that are core to everything we do at Charles Taylor.

“This acquisition supports Charles Taylor’s strategy to become one of the leading providers of comprehensive claims solutions for all property and casualty claims in the US, offering national coverage supported by global resources.”

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