Hunt Val­ley in­sur­ance firm ac­quires Nex­tLog­i­cal

Baltimore Sun - - NATION & WORLD - — The Bal­ti­more Sun

PSA In­sur­ance & Fi­nan­cial Ser­vices has ac­quired Nex­tLog­i­cal Ben­e­fit Strate­gies, a West­min­ster-based ben­e­fits con­sult­ing firm spe­cial­iz­ing in health­care. PSA In­sur­ance, head­quar­tered in Hunt Val­ley, said the ac­qui­si­tion of Nex­tLog­i­cal and its data an­a­lyt­ics and pre­dic­tive mod­el­ing will bol­ster PSA’s abil­ity to help clients re­duce their health­care costs. “The ad­di­tion of Nex­tLog­i­cal’s in­no­va­tive so­lu­tions and tal­ented team mem­bers makes us more com­pet­i­tive while help­ing our ex­ist­ing clients man­age costs via ac­cess to these pow­er­ful new ca­pa­bil­i­ties,” said Ken Hu­ber, PSA’s em­ployee ben­e­fits group se­nior vice pres­i­dent, in a state­ment. Terms of the ac­qui­si­tion were not dis­closed, though PSA will re­tain all five of Nex­tLog­i­cal’s staff, in­clud­ing founder Aaron Davis, who will be­come the PSA’s new vice pres­i­dent of health­care so­lu­tions. Es­tab­lished in 1928, PSA serves more than 4,000 com­mer­cial en­ter­prises and 6,000 in­di­vid­ual clients in its em­ployee ben­e­fits, com­mer­cial risk man­age­ment and per­sonal lines di­vi­sions.

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