Location: Alpharetta, GA
Investment Year: 2020
Hancock Claims Consultants is an insurance claims services company focused on the residential property market. The company provides property inspections of damaged structures with a specialty in high and difficult roofs, exterior and interior damage assessments, and damage mitigation through tarping and board-ups.
Century Investment Thesis
Macro tailwinds including increased outsourcing of claims services within the property and casualty insurance sector and a fundamental shift in the residential property claims market to a lower cost service model, coupled with a high degree of industry fragmentation provide organic and acquisition-driven growth opportunities.
Century Value Add
- Supporting M&A activity
- Collaborating with company to streamline integration and support various IT initiatives
- Leveraging network to facilitate client introductions and build strategic partnerships