Patriot National, a provider of workers' compensation and managed care services, has acquired Patriot Underwriters (PUI).
PUI is a programme administrator for regional and national insurance carriers providing all necessary ‘turn-key’ servicing functions, through its sister companies, for their carrier partners; including full policy administration, underwriting, loss control, claims, nurse case management, cost containment services and premium audit.
They also produce, underwrites and administer alternative market and traditional workers' compensation insurance plans for insurance companies, segregated cell captives and reinsurers.
Patriot National is headquartered in Fort Lauderdale, Florida with seven regional offices around the US and seven operating subsidiaries.
These include Contego Services Group, Patriot Risk Services, Forza Lien, Patriot Captive Management, Patriot Care Management and Carrier and Technology Solutions.
John Rearer, president of Patriot Underwriters, said: "Patriot Underwriters looks forward to the acquisition by a company that facilitates all workers' compensation insurance services.”
“Patriot National's companies are led by a team of insurance professionals with extensive knowledge of the workers' compensation industry."