Davies Group Ltd. has bought Tulsa, Oklahoma-based Johnson Claim Service Inc., the London-based claims management and insurance services firm announced on Monday.
Terms were not disclosed.
Johnson provides third-party administration, adjusting and appraisal services targeting the transportation sector, a Davies statement said.
Johnson’s 40 employees will join Davies, the statement said. Allen Johnson, president of Johnson, will have a claims management and consulting role and Bryan Johnson, the firm’s chief operating officer, will lead day-to-day operations.
The deal is Davies’ sixth purchase in the United States this year. Most recently, in September Davies bought TPA TriPlus Services Inc.
NFP Corp. acquired British broker Ernest R. Shaw Ltd. on Sept. 1, in a deal that expands its footprint in the European market, NFP said in a statement Monday.