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UK-based Davies acquires third-party administrator

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UK-based Davies acquires third-party administrator

U.K.-based Davies Group Ltd. acquired Alternative Service Concepts LLC, a workers' compensation and property and casualty third-party administrator.

Nashville, Tenn.-based Alternative Service will join Davies Group's newly formed North American claims solutions business as a third-party administrator arm, alongside its independent adjusting business, Frontier.

Alternative Service President Glenn Backus will continue to lead the business with the help of CFO Carolyn Adkins and COO Pam Finch. The acquired entity's employees will remain in their roles following the transaction.