Atlanta-based global insurance claims management firm McLarens reported it has acquired London-based Lloyd Warwick International (LWI), a provider of global specialty loss and insurance adjusters.
McLaren purchased the firm from LWI employees and Crawford & Co. Financial terms of the transaction were not disclosed.
LWI is a global multi-disciplined loss adjusting and claims management company with expertise in complex onshore, offshore and renewable energy claims. Its team of nearly 50 adjusters provides engineering, forensic and technical claims support services to the global insurance industry, with a focus on the energy, marine, mining, power generation, renewables and special risk sectors. Headquartered in the London, LWI has offices in the UK, Europe, the Americas, Middle East, Asia Pacific and South Africa.
McLarens performs claims management, loss adjusting, pre-risk and damage surveying, and auditing services for companies throughout the world.
The firms see the deal as a strategic fit, aligning with McLarens’ strategy to strengthen technical services and multi-disciplinary consulting capabilities in natural resources verticals. The combination will result in increased market presence especially in the oil and energy sector.
LWI will merge with McLarens’ Natural Resources specialties services and will retain its head office in London. The combined group will continue to conduct business under LWI’s brand and be led by Joe McMahon, chairman of LWI.
Matthew LeBrun will join the group and head Natural Resources in the Americas – a key area planned for expansion – and report directly to McMahon.
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