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 nearly six many years.

MK Insurance coverage Group, recognized for its concentrate on 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 trade, 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 predicted to supply MK Insurance coverage Group with enhanced enterprise transaction capabilities.

The mixing will even enable MK Insurance coverage Group to profit from PCF Insurance coverage’s crew of in-house danger administration professionals and industrial claims advocacy group, which focuses on creating custom-made loss management applications geared toward mitigating dangers and doubtlessly decreasing premiums.

Brooke DeWyze, chief improvement 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 progress with companies like MK that complement our deep bench energy, increase our material experience on trade verticals and have a stable monitor report that may improve our main place inside the trade,” DeWyze mentioned.

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

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

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