Maxson, McLarens Complete Financial Merger

NU Online News Service, May 11, 2:20 p.m. EDT?Two loss adjusting firms based in Atlanta and London said they have completed their financial merger to create the McLarens Young International Ltd. holding company.[@@]

The joining of the two employee-owned firms, Maxson Young Associates Inc., Atlanta, and McLarens International Group Ltd, London, began with an operational merger announced on Aug 1, 2003 when the new name was adopted.

By functioning as one company, the new firm said it is better positioned to deliver the expertise of its comprehensive network of loss adjustment and claims management services to the global insurance marketplace.

McLarens Young International Ltd. said it is the only worldwide loss-adjusting company owned by its employees.

The firm provides loss adjusting, claims management, pre-risk and damage survey services for the global insurance markets in over 80 countries around the world.

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