PCF enters Alabama with main insurance coverage acquisition

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 many years.

MK Insurance coverage Group, identified for its give attention to high-net-worth private traces and its provision of options throughout the development and industrial actual property sectors, in addition to its area of interest experience inside the signage business, 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 anticipated to supply MK Insurance coverage Group with enhanced enterprise transaction capabilities.

The combination may also permit MK Insurance coverage Group to learn from PCF Insurance coverage’s crew of in-house danger administration professionals and industrial claims advocacy group, which makes a speciality of creating personalized loss management applications aimed toward mitigating dangers and doubtlessly decreasing premiums.

Brooke DeWyze, chief growth 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 development with companies like MK that complement our deep bench power, broaden our material experience on business verticals and have a strong monitor report that can improve our main place inside the business,” DeWyze mentioned.

Greg Mikos, principal at MK Insurance coverage Group, additionally mirrored on the company’s dedication to group service by superior insurance coverage and danger administration options since its inception in 1967.

“We’re wanting to leverage the deep expertise of the PCF crew to speed up our enterprise development and supply our shoppers with higher protection options, extra aggressive pricing, and elevated market entry,” Mikos mentioned.

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