6/11/2020 | This week in Business Insurance Risk Management Topics, Lawmakers consider bill to limit liability in pandemic which would help insurers facing a tide of claims. Meanwhile, a Coronavirus-related suit against Fox News dismissed and Insurtech deals up, funding down amid pandemic: Willis – Editor
By Claire Wilkinson
Global claims manager McLarens said Friday it has acquired London-based Lloyd Warwick International Ltd., a specialist energy loss adjuster jointly owned by its employees and Crawford & Co.
Financial terms of the deal were not disclosed.
With 50 adjusters, Lloyd Warwick provides a range of engineering, forensic and technical claims support on complex onshore, offshore and renewable energy claims, Atlanta-based McLarens said in a statement.
Lloyd Warwick will merge with McLarens’ natural resources specialties services and will be led by Joe McMahon, chairman of Lloyd Warwick, McLarens said.
Matthew LeBrun, previously global director, natural resources at McLarens will join the group as head of natural resources, Americas, reporting to Mr. McMahon.
The combined organization will have significantly increased market presence in the oil and energy sector and expanded loss adjusting, major claims management, litigation support, and arbitration and mediation expertise, McLarens said.