Global Risk Solutions has acquired Tailored Adjustment Services, which specialises in property and casualty claims, as well as litigation management.
Tailored Adjustment Services was founded in 1996 and its operations span the Southern US, offering claims services for casualty, commercial and residential property, general liability, automobile, heavy equipment and marine.
The acquisition of the platform and its team is part of Global Risk Solutions’ expansion strategy, which includes growing its product offering, business lines and market presence in the US.
Global Risk Solutions CEO Kip Radigan said, “With Tailored joining our Property & Casualty Solutions business unit, we have a much greater presence in the market, a brand name in that space, and deep expertise
“We are continuing to enhance our ability to handle daily desk, field, catastrophe and GRS On-DemandSM claims here in the US. Both GRS and Tailored have similar business cultures and are focused on building long-lasting business relationships.
“Our companies believe in always doing the right thing, putting clients first, doing what we say we will do, and being innovative.”
Global Risk Solutions, which was founded in 2002, offers a variety of claims adjusting, environmental risk management and litigation management services. The platform helps corporate and insurance industry clients to quickly and effectively respond to property and casualty claims, complex claims, natural catastrophes and environmental events
Waller Helms Advisors acted as the financial advisor to Global Risk Solutions for the deal.
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