VRS Vericlaim
What has driven loss adjuster start-ups to near extinction?
Content Director’s View: The beginning of the century saw a number of loss adjusting start-ups fueled by entrepreneurial managers and teams determined to go it alone and forge their own paths outside of the incumbent ‘big boys’ but of late these new ventures are as rare as hen’s teeth. Jonathan Swift examines what has happened.
Interview: Ian Muress, Sedgwick International
Having left Crawford in April 2017 after 15 years at the firm, Ian Muress resurfaced in January as CEO of Sedgwick International, a claims business he describes as the largest of its kind "on the planet". He spoke to Jonathan Swift about why people…
Sedgwick acquires Irish liability adjusters
Sedgwick has acquired Ireland-based loss adjuster Sproule Graham.
Carlyle Group confirms $6.7bn Sedgwick acquisition
Carlyle Group has bought claims firm Sedgwick for $6.7m, the company announced, confirming earlier reports.
Sedgwick UK will finalise organisational structure by June
Exclusive: Sedgwick UK will have finalised its operational structure following its merger with Cunningham Lindsey by June.
This week: Proceedings and premiums
This week the UK has been focused on court cases and Inquiries.
Sedgwick UK shakes up leadership team after Cunningham Lindsey merger
Stewart Steel has been named CEO of Sedgwick UK, which will be formed from a merger of Cunningham Lindsey and Vericlaim.
Cunningham Lindsey to be rebranded Sedgwick following acquisition
Cunningham Lindsey will be subsumed under the Sedgwick brand following the acquisition of the adjuster last year.
Sedgwick to buy Cunningham Lindsey
US firm Sedgwick has acquired loss adjuster Cunningham Lindsey for an undisclosed amount.
Post Claims Club: Industry poised for increased technology integration in 2018
The claims space in 2018 could see a further rise in the integration of Artificial Intelligence and an increase in cyber risks, according to senior industry heads.
Eviid targets insurers with evidential video application
Insurers are being urged to consider an evidential video application as a firm successful in the third-party administrator and loss adjusting markets targets the sector.
Analysis: Going fishing: What is fuelling consolidation in the loss adjusting sector?
The loss adjusting space continues to shrink, with three major acquisitions of loss adjusting firms in the first two weeks of last month.
Mike Reeves joins Vericlaim's international business development board
Mike Reeves, has joined the international business development team of Vericlaim’s parent company, Sedgwick, after spending 40 years at Crawfords.
QBE cancels £31.1m deal with Network Rail
A £31.1m insurance arrangement between QBE and Network Rail was not renewed in the first half of the year because of “unacceptable terms”.
The Claims Process: Together again
Hammering down loss adjusters on fees proved a false economy for insurers as falling service standards merely wreaked more havoc on the industry’s reputation. But sense has prevailed and the two sectors are showing signs of a welcome reconciliation
Questgates loses out as Zurich reveals its loss adjusting panel
Questgates is the main loser on the Zurich loss adjusting panel, which features Criterion for the first time.
VRS Vericlaim buys Certo
Sedgwick-owned specialist loss adjuster VRS Vericlaim has purchased claims handler Certo in a bid to boost its third party administration and commercial loss adjusting capacity.
Airmic Head to Head: Business Interruption
This year’s Airmic conference has the theme ‘Raising the profile of risk’. With that in mind, Post asked some leading industry figures to go head-to-head on business interruption.
Loss adjusting: a sea change?
Consolidation has been the buzzword of the insurance industry over the last 12 months and the claims space is no exception, where loss adjusters have been buying, selling and merging at a feverish pace.