Field Pros Direct welcomes Bridgewater Group to the family!
Today we made an exciting announcement. As of March 2, 2021 Field Pros Direct announced the acquisition of Bridgewater Group, Inc., with their 25+ year track record of success as a third-party administrator (TPA) in the claims space. This acquisition brings together Field Pros Direct’s technology-based claims solutions and Bridgewater’s 25+ years of service-based knowledge, expanding opportunities for both companies, their teams and their stakeholders.
With this new relationship comes opportunities for both companies to accelerate their property, liability, catastrophe (CAT) and TPA claims services by leveraging simple technology and their collective industry expertise. For Insurance Carriers, this relationship will expand the lines of insurance in which Field Pros Direct can offer technology-enabled solutions to streamline the claims process. For adjusters and team members, this will significantly expand opportunities for professional growth.
Field Pros Direct is an experience-focused technology company that helps Insurance Carriers, Adjusters and Service Providers innovate their claims process, simply. Field Pros Direct’s CEO, Matthew Anderson, was drawn to Bridgewater Group, Inc. partly due to their outstanding track record of success in the London markets over the past 25+ years.
“Bridgewater Group, Inc. is well-established in the London market which complimented our history of innovating through Lloyd’s Lab. Between both companies we can offer a wider variety of innovative solutions to the claims ecosystem in both Domestic and London markets, including robust technology-enabled solutions for Property, Casualty and CAT programs and more,” said Matthew Anderson, CEO of Field Pros Direct. “Beyond our business growth, we are truly excited to be able to offer both teams more opportunities to grow and expand the family-like culture that both Field Pros Direct and Bridgewater Group, Inc. were built on.”
“What brought us to Matt Anderson and Field Pros Direct was the level of comfort in knowing that he would take Bridgewater into the future while sharing so many of our values,” said Bridgewater Group’s co-founder, Barry Kriegel. “The potential that I saw with Matt Anderson was far greater than the sum of both parts.”
“We knew the day would come where we would step aside while setting up Bridgewater for continued success” said Cindy Custard, Bridgewater Group’s founder. “It was critical that with our continuity plan we ensured that our team and clients would be taken care of” continued Cindy. “Working with Field Pros Direct seemed like a win-win for everyone involved as I believe our strengths are what will make us better together.”
This acquisition enables both companies to drive further innovation across the Insurance industry through simple technology backed with deep industry expertise.
ABOUT BRIDGEWATER GROUP, LLC
Bridgewater Group is an 25+ year-old independent adjusting company specializing in third-party administration (TPA) of claims while servicing both Domestic and London-based insurance companies. For more information about Bridgewater Group, visit www.bridgewatergroup.net