INDIANAPOLIS, IN--(Marketwire - January 26, 2011) - National Catastrophe Adjusters, Inc. (d/b/a NCA Group) announced today that it has added Gentry & Associates Claims Services, Inc. to the NCA Group of Companies. This represents NCA Group's third acquisition in 2011 and strengthens NCA Group's position as a leading provider of property loss adjusting and claims management services in North America. The addition of Gentry & Associates provides NCA Group with a daily loss adjusting platform in the State of Texas along with significant additional catastrophe exposure and resources within Texas.
Founded in 1998 by L. Marsh Gentry and headquartered in San Antonio, Texas, Gentry & Associates has established itself as a vendor of choice for many leading Lloyd's of London syndicates as well as a number of regional and national property insurance carriers within the United States. Gentry & Associates is known for its expertise in handling all aspects of commercial and personal lines property claims for both daily and catastrophic events.
"A key initiative for NCA Group has been to increase our daily presence and catastrophe exposure within the State of Texas. Over the last year, we evaluated a number of companies in Texas and determined Gentry & Associates aligned exceptionally well with our culture and objectives," said Jim Pearl, President and Chief Operating Officer of NCA Group. Dave Ross, Chairman & Chief Executive Officer of NCA Group, added, "Gentry & Associates enjoys a tremendous reputation in the marketplace. Marsh Gentry and his talented team have built an impressive business with which we are proud to partner."
Gentry & Associates personnel will continue to operate under the Gentry & Associates name and the company will maintain its current branch offices under the leadership of Marsh Gentry. "The entire team at Gentry & Associates is excited to join with NCA Group and their new regional partners, NHI General Adjusters and T.M. Mayfield & Company. The combination of these outstanding firms along with the national scope of NCA Group offers our clients and our employees many new resources to achieve or exceed their objectives."
StoneRidge Advisors acted as financial advisor to NCA Group on this transaction.
About NCA Group
NCA Group is a premier provider of insurance services management, specializing in third party administration, daily and catastrophe field services and underwriting inspection services to the property insurance market. Incorporated in 1984, NCA Group services insurance companies of all sizes in the United States and Canada. Corporate headquarters are located in Indianapolis, IN. NCA Group has approximately 325 permanent, full-time employees.
Contact Information:
Contacts
NCA Group
Jim Pearl
317-915-8888