Davies acquires Johns Eastern Company
Davies has acquired Johns Eastern Company, a third party administration (TPA) and independent adjusting firm, spanning workers compensation, auto, trucking, general liability, property and motor truck cargo claims.
With Headquarters in Sarasota, Florida, US, Johns Eastern combines technology enabled end-to-end claims management services with field adjusting expertise, managing the claims process through to settlement for large insurers, self-insured corporates, public entities, and the Lloyds of London market.
Johns Eastern will form part of Davies’ established claims operations in the US. Johns Eastern president & chief executive Don Lederer, will continue to lead the business as well as taking on additional responsibilities as chief executive of Davies’ TPA operations in the US. Lederer will report directly to Matt Button, chief executive of Davies US.
In recent years, Davies has established and expanded its operations in the US through a combination of organic and M&A growth, with the firm now boasting claims capability spanning property & casualty, life & health, and transportation insurance markets. Davies’ offering in the US includes a full range of TPA and loss adjusting solutions across all 50 states, as well as captive management, auditing, actuarial, subrogation, excess claims management and risk & inspection solutions.
“I’m really pleased that Johns Eastern is joining Davies,” said Lederer. “Over recent years, Davies has accelerated into the US market, and by combining our businesses we have a stronger service proposition for insurance clients who are seeking to engage with a trusted partner that heavily invests in technology and delivers outstanding service experiences.”