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| | United Kingdom Based Charles Taylor Purchases Metro Risk Management In Southern California
By Lonce LaMon - September 5, 2017
Charles Taylor Insurance Support Services, based in the United Kingdom, purchased Metro Risk Management (MRM) based in the Wilmington, Southern California area on Tuesday, September 5th 2017. MRM was founded in 1996 as a subsidiary of Metropolitan Stevedore Company, the original parent company. It then became an enterprise of Nautilus International Holding Corporation from which Charles Taylor has just purchased the third-party-administrator.
Charles Taylor’s design is to widen its US workers’ compensation claims services. This deal will allow Charles Taylor to expand its US business in Long Beach, California, by adding 13 workers’ compensation claims specialists to its team. Presently, Antoinette Smith is the Vice President, Jeff Nakadate, the claims manager, and Paula Dean, the supervisor in MRM’s workers’ compensation claims department handling state claims. Mary Clarke-Brown is the assistant vice president overseeing federal workers’ compensation claims handling for MRM.
Christopher Schaffer, the CEO of Charles Taylor Insurance Support Services USA, stated this acquisition allows the company to widen their claim services across the West Coast of the US. This deal adds a value to their core federal workers’ compensation, ports and terminals, marine, casualty and cyber TPA businesses.
Nautilus International chairman, president, and CEO James Callahan said, “Charles Taylor provides MRM with the resources and expertise to expand its services to a wider range of clients.”
Charles Taylor Group CEO David Marock said, “The acquisition reflects our continued commitment to growing our TPA business in the United States and globally, to expanding our technical expertise internationally, and to strengthening our relationships with high-quality clients.”
lonce@adjustercom.com; Lonce LaMon, journalist
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