Transactions

Focused on the crossroads of insurance,
healthcare services, investment services,
and the technologies that serve those sectors.
was acquired by
Engle Martin & Associates Inc.
Financial Advisor to Totura & Company March 2014
Transaction Contact:
Jay Poorman
Jay Poorman

Managing Director

Engle Martin Announces Acquisition of Totura & Company
Industry: Insurance
Type: Sell-Side M&A

Engle Martin & Associates, Inc., a leading national independent loss adjusting and claims management provider, announced today that it has acquired Totura & Company, a regional claims adjusting firm based in Fort Lauderdale, Florida. The acquisition supports Engle Martin’s overall growth strategy and strongly complements its core business.

John Quinn, President and Chief Executive Officer of Engle Martin & Associates, Inc., stated, “We believe that joining forces with Totura & Company will enhance our casualty adjusting capabilities and greatly strengthen our market presence throughout Florida and the rest of the southeastern United States. We are impressed with Totura’s reputation for quality service delivery and a focus on client needs. Their approach is well-aligned with Engle Martin’s philosophy and culture.”

Since its founding in 1970, Totura has focused on building a leading regional claims adjusting business with a dedication to hiring and retaining the best and most experienced claims professionals in the industry. Totura & Company operates in 7 key southeastern US markets with 28 full time adjusters and a dynamic network of flex capacity adjusters. The company serves a broad group of clients in both the domestic standard and excess and surplus lines markets along with certain underwriters in the London market.

“We are honored that Engle Martin recognizes the value of our organization, and we are confident that our claims expertise will have an immediate and long-term positive impact on Engle Martin’s continued growth and success,” said Doug Totura, Chief Executive Officer of Totura & Company. “The Totura team is thrilled to partner with Engle Martin and Forsyth Capital, and we look forward to the enhanced access to national markets and greater client service opportunities this partnership will provide.”