Crawford Launches Specialty Markets

Global offering provides highly technical loss adjusting to niche markets

By MarEx 2013-07-02 11:13:00

Crawford & Company (NYSE: CRDA; CRDB), the world’s largest independent provider of claims management solutions, has created a new global offering to better serve the unique needs of clients requiring highly technical and specialized claims handling.

Crawford Specialty Markets is comprised of the following specialty services focused on serving Lloyd’s of London and the International Adjusting market: Energy, Marine, Aviation, Forensic Accounting, and Mining. Its establishment will bolster the large and complex claim capabilities of Crawford Global Technical Services® (GTS®), and offers the market a single solution to meet the claims needs of clients in these niche areas and their insured irrespective of location.

“Specialty Markets was created for several strategic reasons and most importantly to better serve the needs of clients who require highly technical claim handling including, Lloyd’s, the London Market and other global entities around the world,” said Crawford President and CEO Jeffrey T. Bowman.

Specialty Markets is managed by Specialty Markets CEO John Jenner in Europe, Middle East, Africa and Asia Pacific (EMEA/AP), and in the Americas by John Sharoun, CEO Specialty Markets, Americas. Both will work closely with Crawford Global Markets represented by Clive Nicholls, SVP, Global Markets & Client Services, EMEA. Specialty Markets will operate within Crawford’s existing geographic structure and leverages the strength of Crawford’s expansive global footprint.

Supported by Crawford’s solid operational infrastructure, high-caliber specialist adjusters are able to deploy quickly anywhere in the world when an event or incident occurs to ensure the needs of our clients and their insured are aligned.

Crawford has and will continue to recruit many highly technical and experienced loss professionals globally to bolster this new offering, and in March, acquired the majority share of UK-based Lloyd Warwick International (LWI) to boost its onshore/offshore energy loss adjusting capabilities.

“Crawford intends to aggressively grow its market share in all of the specialty sectors,” noted Bowman. “We are excited about the future opportunities in this area and are confident Crawford Specialty Markets provides the market and our clients the unique capabilities of highly qualified and experienced loss professionals and the confidence of trusting the work to be handled by an established independent global provider of claims solutions.”

The products and services herein described in this press release are not endorsed by The Maritime Executive.