Tangram snaps up PA-based residential care specialist

Tangram snaps up PA-based residential care specialist | Insurance Business America

Tangram snaps up PA-based residential care specialist

Tangram Insurance Services, one of the nation’s largest independent managing general underwriters and program managers, has announced the acquisition of Pennsylvania-based Personal Care and Assisted Living Insurance Center (PCALIC).

Founded in 2003, PCALIC is a program manager for adult residential care facilities. It provides professional and general liability, property, and risk management services for residential care facilities and other non-profits. In 2011, PCALIC launched a program to serve non-profit animal rescue and rehabilitation organizations and animal shelters.

Brian Barrick, president and CEO of PCALIC, will join Tangram and continue to lead the PCALIC team.

Read next: Tangram Insurance, Costero Brokers partner up for K&R coverage

“The team and I are very excited and look forward to the opportunities that Tangram brings to us as we continue to grow and expand our footprint in the adult residential care, animal welfare and non-profit space,” Barrick said. “Tangram’s experience, innovation, and leadership will allow the PCALIC programs to move to the next level and beyond.”

“I am thrilled to partner with a company that carries deep expertise in their specialty segments, a strong growth trajectory and a leader with a superb reputation in the industry,” said Rekha Skantharaja, president and CEO of Tangram. “PCALIC is a fantastic strategic acquisition for Tangram, as they join a company with an established and dominant social service and non-profit legacy.”