Sherman & Company served as financial
advisor to U.S. Risk Insurance Group, Inc. on the sale of its subsidiary, Professional Claims Managers, Inc. (PCM), to Arthur J. Gallagher & Co. (NYSE: AJG). PCM is a Dallas, Texas-based TPA providing comprehensive claims and litigation services for program business in the Lloyd's marketplace and throughout North America. Formed in 1986, PCM specializes in healthcare liability, private detention liability, architects and engineers errors and omissions, construction liability, law enforcement and public officials, and miscellaneous professional liability. U.S. Risk is a specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas.
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