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 a long time.

MK Insurance coverage Group, identified for its give attention to high-net-worth private strains and its provision of options throughout the development and industrial actual property sectors, in addition to its area of interest experience throughout 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 expertise, 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 combination will even permit MK Insurance coverage Group to learn from PCF Insurance coverage’s staff of in-house threat administration professionals and industrial claims advocacy group, which focuses on growing custom-made loss management applications geared toward mitigating dangers and doubtlessly lowering premiums.

Brooke DeWyze, chief improvement officer at PCF Insurance coverage, expressed enthusiasm concerning 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, develop our subject material experience on trade verticals and have a strong monitor report that may improve our main place throughout the trade,” DeWyze stated.

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

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

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