York Risk Services Group is a premier provider of a full range of insurance, risk management, pool administration, claims management, and other services to a wide variety of clients from hundreds of industries. York operates nationwide and is a top-ten TPA by annual revenue.
Since the 1960s, York has served as third party administrator and independent adjusting company that provides workers' compensation and property-casualty claims administration, data management, pool administration, loss control and risk management services to insurance carriers, programs, public entities, risk pools and all types of self insureds.
York remained family owned until 1996, when it was purchased by industry giant AIG, which helped expand its geographic reach.
In 1999, the company opened its Parsippany, New Jersey, office and slowly moved its headquarter functions there from Manhattan. In 2002, York was purchased by executive management and Bexil Corporation, a New York investment firm. The company thrived under this ownership and expanded its influence and operations nationwide. In April 2006, York undertook a recapitalization that resulted in Odyssey Investors Fund III and other related co-investors taking a majority stake, with management retaining a considerable interest in the business.
Since 2006, York has made seven strategic acquisitions aimed at rounding out our service offering to clients, reinforcing our market segment strategy and expanding our geographic reach:
July 2006 Southern California Risk Management Associates (SCRMA), a provider of a full range of TPA services to California employers, particularly public entities and Medical Audit and Management, a managed care company.
August 2007 PacMed, a national bill review company based in California
April 2008 Axis North America, a specialized loss adjusting firm with strong operations in the American Southeast
June 2008 ARPCO, offering full pool administration services to Midwest public entity risk pools
July 2008 Bragg & Associates, a northern California risk management and TPA firm that reinforces our already-strong Southern California business
October 2008 Site Inspections, a provider of cost-effective loss control site inspections nationwide and inspection reports available in an online database environment
Also in 2008, York combined its national bill review company, PacMed, with its California medical management operation and its California medical provider network to form WellComp™ Managed Care Services, a provider of high quality, fully integrated managed care services primarily to the California market.
Along the way, York has opened 37 offices in 13 states with 4,600+ customers and 180+ programs with a near-perfect retention rate. – less – More from ZoomInfo »