RiverStone Acquires Rockville Risk Management and E.R. Quinn Company
MANCHESTER, N.H. – July 5,2019 – RiverStone is pleased to announce the acquisition of Rockville Risk Management and E.R. Quinn Company (collectively, “Rockville”). Rockville is a New York based, privately-owned third-party administrator and loss adjusting company that provides comprehensive claim services to insurers, syndicates, managing general agents, re-insurers and self-insureds.
Rockville will continue to operate as an independent subsidiary of RiverStone to preserve the services its clients have come to depend on.
“Rockville is well-respected in the insurance industry as a trusted partner with a track record of more than thirty years of success,” said Nick Bentley, President and CEO of RiverStone. “This acquisition is a natural addition to RiverStone’s offerings and will accelerate our growth in the insurance services market. We look forward to welcoming the Rockville team.”
“Becoming part of RiverStone and the Fairfax family will enable us to continue to grow and strengthen our position as a leading insurance service provider in the U.S. and across Europe,” said Edward R. Quinn, Jr., President and CEO of Rockville Quinn Management.
Rockville’s history dates back to the founding of E.R. Quinn Company in 1983, as an independent investigative and adjusting company serving the insurance and self-insured industry in the Greater New York Area. In 2003, Rockville Risk Management was formed as a third-party administrator, further enhancing the scope of claims management solutions provided for insurers, syndicates, managing general agents, reinsurers and self-insureds. Currently, Rockville’s operations include managing claims portfolios worldwide, loss adjusting, social media investigations, risk management consulting, auditing, and brokerage services