Charles Taylor, a technology products and services to the global insurance market, has acquired Aegis Corp. (Aegis), a Wisconsin-based provider of mutual management and third party claims administration.
Aegis provides risk pools and self-insureds with customized insurance and claims management programs focused on the unique needs of public entities and municipal organizations. The business is headquartered in Brookfield, Wisconsin, where approximately 45 employees oversee insurance programs and manage claims for approximately 200 clients with $350 million in annual premiums under management.
Aegis joins the Charles Taylor team of more than 3,000 professionals around the world. Aegis’ clients will have access to Charles Taylor’s full suite of global claims, insurance management, and technology solutions. This acquisition follows shortly after the acquisition of SBSA in August 2020 and the agreement to acquire the Cosulich Group in October 2020.
Aegis’ shareholders were advised by Evolve Capital Partners on this transaction.
Source: Charles Taylor
Topics Mergers & Acquisitions
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