GTCR Closes Acquisition of Global Claims Services

GTCR, a personal fairness business, has shut the acquisition of Worldwide Promises Products and services. GCS, headquartered in Jacksonville, Florida, is an insurance policies know-how organization that leverages its proprietary databases and personalized purposes to provide vital price containment alternatives to the P&C insurance plan marketplace.

“GCS is fired up to partner with GTCR. We seem forward to continuing to support our insurance coverage provider partners although expanding our product or service giving through innovation and acquisitions,” mentioned GCS CEO Bob Logan. “GTCR delivers unique means and expertise in building field-main firms and expects to commit major added money to fund development.”

“Bob and the GCS crew have formulated and scaled a selection of exclusive technologies that have turn into mission crucial equipment in the insurance plan sector,” mentioned GTCR controlling director Aaron Cohen.  “We appear forward to being companions with the GCS crew and accelerating their development by way of acquisitions.”

David Donnini, running director at GTCR, added, “GCS’s proprietary technological innovation and linked services produce a powerful purchaser price proposition which sets the Corporation apart.  We are thrilled to partner with Bob and the GCS crew as we aid them in their upcoming phase of enlargement.”

Amber

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