CompManagement Buys Barron Risk

CompManagement Inc. of Greenwich, Conn. announced it has purchased Dallas-based Barron Risk Management, which provides workers’ compensation claims management, medical cost containment, safety and loss prevention, and auto, casualty and property services in the State of Texas. CompManagement provides workers’ compensation, risk management and disability management services in Ohio, Kentucky, Indiana, West Virginia, Pennsylvania, Virginia, Maryland, North Carolina and Washington.

“The purchase of Barron Risk Management provides CompManagement with the opportunity for geographic expansion and will serve as our Southwestern headquarters,” say Robert J. Bossart, CEO of CompManagement.

Barrron Risk’s name was changed to CMI Barron Risk Management, but managerial staff has been retained and will continue to service the company’s clients. Bart Griffin, executive vice president of Barron Risk Management, will serve as senior vice-president for CompManagement and will be responsible for the regional operations. CompManagement intends to allow the Barron operations to remain autonomous, while at the same time having complete access to the expertise and support services available within the CompManagement companies.

Topics Mergers & Acquisitions Risk Management