EDMONTON and TORONTO, Aug. 25, 2014 /CNW/ - SCM Insurance Services
("SCM") today announced that it has completed the acquisition of the
property and casualty ("P&C") businesses of Granite Global Solutions
The businesses being acquired are known by the following names: Granite
Claims Solutions, a national adjusting firm; Granite Health Solutions,
a provider of medical assessments and health services; CKR Global, a
national provider of risk mitigation and investigation services; and
Rochon Engineering, a forensic engineering and environmental consulting
"Our two companies are stronger together, and poised for further growth
and opportunity," said Larry Shumka, FCIP, President and CEO of SCM
Insurance Services, who will lead the combined entity. "This
transaction is consistent with SCM's philosophy of building strong,
autonomous brands, and a larger, more diverse company will better serve
our customers with a portfolio of best-in-class services."
"SCM brings scale and a focus on leading-edge technology that will make
the combined entity a force in the industry, serving both insurance and
corporate markets with the best possible solutions," said Murray
Wallace, President and CEO of Granite Global Solutions. "Granite's
employees, contractors and customers could not ask for a better home
SCM Insurance Services and Granite have worked diligently to ensure a
smooth transition for customers and employees. The claims, health and
investigations businesses will be added to the corresponding business
units in SCM Insurance Services, respectively ClaimsPro, Cira Medical
Services and Forensic Investigations Canada (FIC). Rochon Engineering
will continue as a standalone company.
Day-to-day operations will continue seamlessly with services completely
unaffected. Customers can continue to contact their existing client
representatives for any needs they may have.
The executive leadership of the business units is as follows:
ClaimsPro and Granite Claims Solutions, as a combined company, will be
led by Bob Fitzgerald, President of ClaimsPro. Michael Holden,
President and CEO of Granite Claims Solutions, will serve as a special
Cira Medical Services and Granite Health Solutions will operate as
distinct brands. Karen Seward remains President of Cira and Ian Elliott
remains President of Granite Health Solutions, which operates under the
brands of Sibley & Associates, Total Rehabilitation Management (TRM)
and Multi Disciplinary Assessment Centre (MDAC).
FIC and CKR Global will be led by Robert Burns, President and CEO of CKR
Global. Len Copp, President of FIC, will become Chief Operating
At Rochon Engineering, Doug Tremblay remains in his role as Managing
SCM Risk Management Services (RMS) and Opta Information Intelligence
(Opta)'s leaders are Patrick Garuk and Greg McCutcheon, respectively.
SCM Insurance Services executive team led by Larry Shumka, President and
CEO, is comprised of Ken Hansen, CFO, Jim Campbell, CIO, and Raymond
Off, CHRO (Chief Human Resources Officer).
"As we discussed this exciting transaction, it became clear to both
ourselves and Granite that the combination of industry-leading people,
capabilities, geographies and business practices could create an
exciting offering in our marketplace," said Shumka. "We can't wait to
welcome Granite's employees and continue to create opportunities for
employees and customers alike."
TorQuest Partners, one of Canada's leading mid-market private equity
firms, is the majority shareholder of SCM Insurance Services. Genstar
Capital, a San Francisco-based private equity firm, is the majority
shareholder of Granite.
About SCM Insurance Services
SCM Insurance Services has been servicing Canada's insurance and
corporate industries for the past twenty-eight years. As a
privately-owned provider of claims and risk management, investigative
and security services, independent medical evaluations and risk
intelligence, SCM Insurance Services has distinguished itself through
innovative technology, expert staff, and solid customer service. Visit www.scm.ca for more information.
Image with caption: "SCM Insurance Services (CNW Group/SCM Insurance Services)". Image available at: http://photos.newswire.ca/images/download/20140825_C7817_PHOTO_EN_42532.jpg
SOURCE: SCM Insurance Services
For further information:
Vice President Marketing & Communications
SCM Insurance Services
Senior Account Director