Insurance – Consumer PlatformCCG IQ Expands Underwriting Services Through Strategic Acquisitions

PRNewswire PRNewswireMarch 27, 20204 min

CCG IQ, a leader in tech-enabled insurance services, continues to gain momentum and a national presence in the underwriting space through the recent acquisitions of JMI Reports, The UIS Group, and Cox & Smith Risk Management. CCG IQ anticipates that the strategic addition of these businesses will enhance its suite of services that provides insurance companies with timely and innovative solutions.

“Expanding our underwriting services under the CCG IQ umbrella has enabled us to become a full-service partner to insurance carriers across the life cycle of a policy,” said CEO Damon Stafford of CCG IQ.  “The wealth of knowledge and experience JMI Reports, The UIS Group, and Cox & Smith Risk Management bring to the table, combined with CCG IQ’s technology and service model, will be a distinctive advantage for our customers.”

Connecticut-based UIS Group and Louisiana-based Cox & Smith Risk Management have each laid the foundation for risk management in commercial insurance lines in their respective regions. Ohio-based JMI Reports is a personal lines risk assessment partner to insurance carriers nationwide.

The UIS Group, which has an East Coast presence, was established in 1983 in the New England area. Strengths include the staff’s experience in commercial surveys as well as workers compensation, commercial auto and agribusiness, and basic property and casualty lines.

Cox and Smith Risk Management, which has a Western and Southern presence, holds a nearly 50-year record of developing and implementing customized safety and loss prevention programs, including in-depth recommendation management and tracking.

For more than 30 years, JMI Reports has offered property profiles and risk insights that meet underwriting requirements and improve efficiencies and profitability for residential, commercial, and agribusiness insurance industries.

Having these companies join forces solidifies CCG IQ’s role in helping insurance carriers control the cost of operations across divisions. CCG IQ, formerly Consolidated Claims Group, was traditionally in the claims space with its HVAC claims assessment brand, HVAC Investigators, and specialty electronics claim assessment solution, StrikeCheck. Leaders saw a need for underwriting assessments that were more consistent and timelier and knew their technology and service model could solve it. San Francisco-based RSI, a pioneer in underwriting inspections, became part of the CCG IQ group in March 2019.

PRNewswire

PRNewswire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications




FintecBuzz, 2020 © All Rights Reserved