For Immediate Release
September 10th, 2018
Uniondale, NY — Gramercy Risk Holdings (“Gramercy”), a New York-based specialty insurance program management company, has acquired Certus Claims Administration, LLC (“Certus Claims”), one of the nation’s most innovative third-party claims administrators. The Thousand Oaks, California-based firm is highly regarded for delivering customized claim management services and technology-enabled data support to clients nationwide.
“Certus and its seasoned team of professionals provide a full range of forward-thinking claim solutions to the insurance community. Their proven combination of superior claims handling and strong relationships differentiates them in the marketplace. Adding a national leader like Certus to the Gramercy platform will bring significant value to our enterprise.” said Matthew Fishlinger, EVP & Chief Operating Officer of Gramercy.
“Joining Gramercy reinforces our continued focus on partnering with companies that have demonstrated leadership and expertise within the industries they serve”, said Brian Lee, Managing Director of Certus Claims. “We share a similar philosophy with Gramercy around claims & litigation management, risk management and customer service that will position us to expand our business even further.” William Fishlinger, Chairman & CEO of Gramercy, stated, “We are pleased to enhance our management platform with the addition of Certus. In conjunction with our partner law firm, Congdon Flaherty O’Callaghan, Certus will be able to distinguish itself from other third-party administrators and better serve their clients in the claims & litigation management process.”
William Fishlinger, Chairman & CEO of Gramercy, stated, “We are pleased to enhance our management platform with the addition of Certus. In conjunction with our partner law firm, Congdon Flaherty O’Callaghan, Certus will be able to distinguish itself from other third-party administrators and better serve their clients in the claims & litigation management process.”
About Gramercy Risk Holdings, LLC
Gramercy Risk Holdings is a full-service insurance management and risk-financing platform located in Uniondale, NY. Focusing on specialty, property and casualty business, Gramercy provides a comprehensive suite of services delivered by highly skilled underwriters, claims and litigation managers, risk managers, attorneys and loss control experts. In addition to managing programs on its own balance sheet, Gramercy offers these professional services to capital providers, third-party insurance companies as well as MGAs and brokers.
Corporate contact:
David Mocklow
Head of Corporate Development
Tel. 516-962-4618
dmocklow@gramercyrisk.com
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