York Risk Services Group, a provider of a full range of claims administration and risk management services, has acquired JI Companies to continue its commitment in the public entity market.
Through the acquisition, York Risk is planning to further expand its services to governmental agencies in the US.
JI Companies provides workers’ compensation, liability, property and nonsubscriber claims/risk management services, as well as pool administration to more than 480 public and private self-insured entities in Texas, Oklahoma and Nebraska, with a particular focus on public entities.
Under the transaction, all of JI Companies’ employees will be joining York, including its management team, led by Francis Fey, JI’s president and CEO.
York Risk Services Group executive vice president Rick Taketa said taht the JI Companies acquisition demonstrates York ‘s commitment to important markets in Texas , Oklahoma , Nebraska and the Southwest.
"With our combined business, we are able to provide a complete suite of risk management and insurance solutions to our customers, whether they are public entities, commercial interests or carriers. And we get to meld the best practices of both organizations," added Taketa.