Kaufman Financial Group Acquires Premium Insurance Auditor

October 9, 2012

The H.W. Kaufman Financial Group announced the acquisition of Mertens Enterprises Inc. (DBA Tracz & Associates), a provider of premium insurance audit services headquartered in Lockport, Ill. The transaction closed on Oct.1, 2012.

Tracz & Associates will retain its Chicagoland presence while becoming part of the nationwide team at Kaufman-owned US-Reports, which provides premium audits, loss control inspections and risk management services.

Tom Mertens, president of Tracz & Associates, will stay on in a leadership capacity and continue to lead his Lockport-based team.

US-Reports will also capitalize on the custom technology platforms developed by Tracz & Associates. Designed based in response to client needs, Tracz developed its own auditing software, inventory management program and online audit ordering system that increases efficiency and simplifies the audit process.

US-Reports and its team of nearly 1,000 field partners specializes in premium insurance audits, inspections, surveys, loss control, desktop reports, risk services, industrial hygiene, personal insurance, high value dwelling, replacement cost and insurance to value.

The H.W. Kaufman Financial Group is headquartered in Detroit/Farmington Hills, Mich. Specializing in insurance distribution, financing, claims, inspections and audits, Kaufman Financial Group includes Burns & Wilcox, Burns & Wilcox Brokerage, Burns & Wilcox Canada, Burns & Wilcox Re, Chesterfield Insurance Brokers, R.B. Jones, Royal Premium, US-Reports and Minuteman Adjusters.

Source: H.W. Kaufman Financial Group

Topics Mergers & Acquisitions USA Pricing Trends

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