Peak Performance Finalizes Claims Harbor Buy

Peak Performance Solutions Inc. (www.peakpsi.com) has completed the acquisition of Claims Harbor, which provides insurance applications and services to the property & casualty insurance industries. Claims Harbor was a business unit of Harbor Payments, acquired by American Express in 2007. The terms of the transaction were not disclosed. Claims Harbor is an insurance automation and disbursement solutions provider focused on deployment of electronic claims processing, compliance, reporting, and disbursement applications. The company provides a range of technology solutions that automate and expedite the entire claim cycle from initial report, to settlement and disbursement.Claims Harbor has more than 250 clients, including insurance carriers, state funds, third-party administrators, employers, managed care organizations, and a host of information technology vendor companies.