Worley Claims Services, LLC, a provider of claims casework in North America, has acquired Audit Casework Incorporated (ASI), a affirmation appraisal autograph and analysis supplier for the acreage and auto allowance markets based in Atlanta. Banking agreement of the transaction were not disclosed. StoneRidge Advisors, LLC brash Worley on the transaction.
Founded in 1998, ASI provides appraisal autograph and analysis casework for its acreage and auto audience throughout the United States. Through its workforce of about 350 employees, the aggregation specializes in board appraisal review, column acclimation audits, absolute accident estimates and alarm centermost capabilities, amid added offerings.
According to Jim Pearl, CEO of Worley, the accretion of ASI offers Worley a belvedere to advice aggrandize its acreage and auto appraisal analysis casework and enhances its capabilities to account its civic and bounded allowance carrier partners.
John Hall, CEO of ASI, said all 350 advisers of ASI are accepted to abide in their accepted roles.
The transaction with ASI is Worley’s sixth accretion back 2015. In July of 2015, Worley acquired Fishers, Indiana-based NCA Group, a provider of circadian and accident residential and bartering acreage claims casework throughout the U.S. In October of 2015, Worley acquired Charlotte, North Carolina-based RJMW Claims Services, a bounded provider of circadian and accident residential and bartering acreage claims services.
In July of 2016, Worley acquired San Jose, California-based Summit Independent Affirmation Services, which provides commercial/GA and residential acreage accident adjusting services. In August of 2016, Worley acquired Orlando, Florida-based Nexxus Solutions Group, a civic managed acclimation architect and account provider arrangement confined the acreage allowance industry in the U.S. and Canada.
Most recently, in June of 2017, Worley acquired Massachusetts-based Apex Claims Casework of New England, a bounded provider of acreage claims services.
Worley is based in Hammond, La., and provides property, auto, and blow claims acclimation casework and staffing casework to civic and bounded allowance companies, MGAs, TPAs, self-insured corporations, as able-bodied as audience in the federal/state government sector. Aquiline Capital Partners, a New York-based clandestine disinterestedness close advance in banking services, acquired a majority pale in Worley in October of 2014.
ASI is an appraisal analysis supplier for the acreage and agent allowance markets. ASI handles reviews on automobiles, trucks, marine, abundant equipment, off alley vehicles, tractors, trailers, recreational vehicles, homeowners’ losses, claimed property, bartering property, account claims, city (public) losses, baptize acknowledgment & specialty items.
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