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Crawford & Company Acquires Assets Of TLAA

To enhance the company's presence in the key market segment

Crawford & Company, an independent provider of claims management solutions, has purchased certain assets of Technical Loss Adjustment and Appraisal (TLAA) of Chicago.

The firm’s five experienced adjusters join Crawford’s Global Technical Services (GTS) organisation to enhance the company’s presence in this key market segment.

Jeffrey Bowman, president and chief executive officer, Crawford, said: GTS is the best global resource for adjusting large or complex losses. The TLAA staff brings many years of specialised experience in property and casualty claims adjusting and will be an exceptional addition to Crawford’s offering in the US.

TLAA includes executive general adjusters for handling complex commercial claims, including international, multi-million-dollar losses. The group’s adjusters have expertise in industry claim sectors, including power and energy, engineering, building and construction, appraisal consulting, time element and other exposures. Their experience complements existing GTS expertise in catastrophic claims in a range of industries.

Crawford GTS has grown to include about 500 adjusters, with over 150 in the US. GTS serves reinsurers, the corporate market, major loss/catastrophe divisions of composite insurers such as the London market and Lloyd’s syndicates, as well as captives, risk managers and their brokers.