Specialist loss adjuster vrs VeriClaim, a wholly owned subsidiary of Sedgwick Claims Management Services, Inc., completed its acquisition of Certo chartered loss adjusters to develop its third-party administration (TPA) and commercial loss adjusting capability.
As part of the transaction, Certo’s team of 70—operating from UK offices in Leeds, Birmingham, Glasgow and Brentwood—will join vrs VeriClaim. Certo Managing Director David Harrison will oversee the new VeriClaim TPA business in the UK.
“This is a great opportunity for our colleagues and our clients. Certo and VeriClaim share the same customer-focused ethos, and by joining forces we will create a compelling offering for existing and new clients with niche or higher-capacity technical claims handling requirements,” according to Harrison.
“Like vrs VeriClaim, Certo is a leader in the handling of corporate and commercial claims, and we are delighted that David Harrison and his colleagues are joining our growing business,” said Stewart Steel, vrs VeriClaim managing director. “Our two companies share a similar heritage, and our management teams have always had immense mutual respect for one another.
“In addition to providing a first-class, traditional loss adjusting service, Certo has developed a successful TPA operation and is a highly valued partner to leading players in the London market. The expansion of our current TPA capabilities aligns nicely with VeriClaim’s and Sedgwick’s strategic development plans,” Steel said.