Company is finest recognized for its HNW private strains and development and actual property options
PCF Insurance coverage Companies has introduced its acquisition of the insurance coverage operations of MK Insurance coverage Group to mark its bodily entry into Alabama.
The deal integrates a long-standing, third-generation family-owned company specializing in each industrial and private insurance coverage, with a historical past spanning virtually six a long time.
MK Insurance coverage Group, recognized for its deal with high-net-worth private strains and its provision of options throughout the development and industrial actual property sectors, in addition to its area of interest experience inside the signage trade, marks PCF Insurance coverage’s inaugural bodily presence in Alabama.
The collaboration goals to spice up MK Insurance coverage Group’s choices in a number of key areas, together with know-how, whereby PCF Insurance coverage’s dedication to early adoption of developments and operational infrastructure is predicted to offer MK Insurance coverage Group with enhanced enterprise transaction capabilities.
The combination may also enable MK Insurance coverage Group to learn from PCF Insurance coverage’s workforce of in-house threat administration professionals and industrial claims advocacy group, which makes a speciality of growing personalized loss management packages aimed toward mitigating dangers and probably lowering premiums.
Brooke DeWyze, chief improvement officer at PCF Insurance coverage, expressed enthusiasm in regards to the acquisition, highlighting the strategic alignment between the 2 entities.
“PCF is targeted on intentional, strategic progress with companies like MK that complement our deep bench power, broaden our material experience on trade verticals and have a stable monitor file that may improve our main place inside the trade,” DeWyze mentioned.
Greg Mikos, principal at MK Insurance coverage Group, additionally mirrored on the company’s dedication to group service via superior insurance coverage and threat administration options since its inception in 1967.
“We’re desirous to leverage the deep expertise of the PCF workforce to speed up our enterprise progress and supply our purchasers with higher protection options, extra aggressive pricing, and elevated market entry,” Mikos mentioned.
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