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ACQUISITION OF TURNGATE HOLDINGS INC. AND GEORGIA MUTUAL INSURANCE COMPANY 2010 Jeffrey D. Dickson
Turngate Holdings, Inc. and Georgia Mutual Insurance Company (A Stock Company) are existing entities now writing over $10,000,000 of direct written premiums in non-standard private passenger automobile insurance and facilitating over $15,000,000 in additional private passenger automobile insurance writings. In the last fiscal year, Turngate earned over $2,000,000 in fee income and Georgia Mutual made over $300,000 in net income. DCT is raising capital to purchase a controlling interest in Turngate/Georgia Mutual. DCT will then execute a three-pronged growth strategy that is expected to generate $9.5 million in profit for DCT over the next three years.
Jeffrey D. Dickson was President and Chief Executive Officer of eAutoclaims Inc.
Larry Colton was Chief Financial Officer for eAutoclaims, Inc
Donald Thomas was Chief Information Officer for eAutoclaims
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