Crawford & Company is strengthening its presence in the Latam region with the acquisition of Crawford Carvallo and its business units. Crawford & Company is a well established provider of claims management solutions.
It is reported that the company is acquiring Crawford Carvallo and its individual business units: Graham Miller, Crawford Marine & Transportation, Crawford Affinity Chile, Crawford Affinity Colombia, Legaltec, and Quality Surs. Javier Carvallo, president of Crawford Carvallo, told the media, “From this day on, Chile will no longer be the geographical boundary to their creativity and commitment. We are now part of a company that leads the management of the challenges currently being faced by the insurance industry, with regard to both the increasingly large and more complex claims, and the growing demand for quality from the clients and beneficiaries of the personal insurance segment.”
Crawford Carvallo has been an important part of Crawford & Company partnerships for over three decades. With that, it has been providing clients in the market with access to a wide range of products and services including property-casualty, marine hull, transportation, aquaculture and affinity lines of business. In addition, it has also been providing legal advice to clients in Chile.
In June, loss adjuster McLarens had acquired specialist energy loss adjuster Lloyd Warwick International which was backed by Crawford & Company, media reports said. This move was in an effort to expand resource capabilities and strengthen market presence in various verticals. These verticals include claims management, litigation support, and arbitration and mediation, media reports said.