London-based Davies Group Ltd. said Tuesday that it has acquired third-party administrator Littleton Group in Austin, Texas.
The terms of the deal were not disclosed.
Littleton Provides Third Party Claims Adjustment and Administration
Littleton will be part of Davies' claims resolution arm and Littleton's CEO Steve Streetman will join Davies in an advisory and consulting role "to support integration and growth initiatives . "
Jeff Bode, Chief Operating Officer of Littleton, will continue to lead day-to-day operations and report to Peter Wilson, Head of Davies' U.S. Real Estate / Accident Claims Operations. All 165 Littleton employees will continue in their roles with Davies.
Dan Saulter, President and CEO, called capacity building / accident capacity in the United States "a strategic focus."
Davies offers TPA and loss adjustment services, along with internal management, auditing and actuarial services.