AvonRisk Expands Southern U.S. Market Presence Through Strategic Acquisition
AvonRisk Strengthens Market Position with Key Acquisitions
In a significant move poised to reshape the landscape of claims administration in the Southern United States, AvonRisk, a renowned player in risk management and claims services, has announced its acquisition of ASG Claims Administration, Inc. and Care Logic, Inc. This strategic acquisition not only expands AvonRisk's service offerings but also enhances its market presence in key states such as Texas, Louisiana, Mississippi, and Alabama.
ASG Claims Administration has established itself as a leading name in the realm of third-party claims management, particularly in the areas of workers' compensation, auto liability, general liability, and medical bill review services. With this acquisition, AvonRisk will gain invaluable access to ASG's established client base and its reputation for high-level service and expertise within the public sector.
Vision of Leadership and Innovation
Lowell Hays, CEO of AvonRisk, expressed his enthusiasm about the acquisition, stating, “ASG has built an exceptional reputation for high-touch service with deep sector expertise.” He emphasized that AvonRisk is dedicated to a future where claims management is handled by specialists who understand the intricacies of various sectors. Hays noted that the synergy between AvonRisk's resources and ASG's expertise would enable even greater value delivery for clients.
Tom Abercrombie, Founder of ASG Claims, echoed this confidence, assuring clients that the ASG service team they have known and trusted will remain intact. He mentioned, “Our customers can expect the same ASG service team they have always known, supported by AvonRisk's additional resources and commitment to personalized service.” This dedication to client-centric service is a fundamental aspect of both organizations' philosophies, distancing them from larger, more impersonal national players in the industry.
Operational Continuity and Client Benefits
Even after the acquisition, ASG will continue to operate under its established brand name, preserving its current leadership team. This operational continuity reassures existing clients that there will be no disruption to their services. Instead, clients can look forward to enhanced capabilities from AvonRisk, promising increased attention, responsiveness, and expertise tailored to their unique needs.
The Broader Impact on the Southern Market
The ramifications of this acquisition extend beyond mere market expansion; it marks a significant step in AvonRisk's mission to provide top-tier claims administration and risk management services across the United States. By integrating ASG’s specialized expertise in public entity workers’ compensation and general liability with AvonRisk’s advanced service portfolio, clients in the southern market can anticipate a more comprehensive approach to claims management.
The addition of Care Logic, also involved in this acquisition, further enriches AvonRisk’s offerings, particularly in the medical bill review sector, ensuring that clients receive well-rounded and efficient services. This holistic approach is expected to streamline processes and improve outcomes for clients in critical areas of need.
About AvonRisk and ASG Claims
AvonRisk has built its reputation on delivering exceptional service, advanced technological solutions, and customized risk management strategies tailored to the specific demands of clients, which include carriers, employers, and public entities. On the other hand, ASG Claims boasts a strong foundation in third-party claims administration, renowned for its specialization in workers' compensation for public entities as well as self-insured employers located in Texas and neighboring states.
As the acquisition unfolds, both AvonRisk and ASG Claims are optimistic about the future, focusing on creating more robust services and ensuring that their clients receive the best possible support as they navigate the complexities of the claims process in a rapidly evolving market.
In conclusion, this strategic acquisition positions AvonRisk not just as a leading provider in risk management services, but as a transformative force within the southern U.S. market, paving the way for improved claims management and client satisfaction.