McLarens Acquires MGB Claims Consultants, Inc., Canada’s Leading Claims Adjustment Company.

ATLANTA – (COMMERCIAL THREAD) – McLarens, one of the world’s leading providers of independent insurance services, is pleased to announce the strategic acquisition of MGB Claims Consultants Inc. (MGB Claims), a well-established, complex commercial expertise firm in Canada.

Based in Toronto with additional employees in Calgary and Vancouver, the MGB Claims team of over 25 experienced adjusters and support staff have earned their exceptional reputation for providing creative, responsive and proactive claims handling. , a detailed analysis of the coverage and subrogation services supported by the local market. skill. As a specialized commercial consulting firm serving local and multinational clients, MGB Claims focuses on large and complex claims in Canada and the United States in the following areas: P&C; Professional and commercial civil liability; Cyber; Medical liability; Energy and natural resources; Environmental; and cinema and entertainment. Based on customer demand, in 2014 MGB Claims established its third party administrative group, which continues to grow both nationally and in the London market.

The addition of MGB Claims complements McLarens’ ambitious growth strategy and market expansion in North America. MGB’s claims team will add significant, multi-dimensional technical expertise and skills in complex loss management to McLarens’ existing aviation and natural resource operations in Canada.

Effective immediately, MGB Claims will be part of McLarens North America’s claims and claims settlement division, headed by Steve Whitmarsh, COO (North America). The company’s three founding directors, Shawn Malik, James Giffen and Shawn Burnett, will continue to run the business, supported by the current management team and staff who will retain their current roles. During integration, loss adjustment services will continue to be provided under the MGB brand.

Gary Brown, CEO of McLarens, commented : “Our global market strategy is based on establishing close partnerships with the leading complex claims adjustment firms. We are delighted to welcome MGB Claims to McLarens. Its exceptional reputation, team culture and loyal clientele are a perfect match for our growing business in North America. With its strong team and dominant market presence, this acquisition will offer the potential to further expand commercial and specialist loss adjustment services to domestic and multinational clients in Canada and the United States.

MGB Claims Directors Shawn Malik, James Giffen and Shawn Burnett added: “We are delighted and proud to have found in McLarens a North American partner that fits so closely with our corporate philosophy. Since its humble beginnings in 2010, MGB Claims has been a dedicated alternative to the commercial and industrial markets in Canada. Our exceptional staff share the same ideas in their approach to lifelong learning in their technical claims handling skills and appreciate that we are working to satisfy all parties to the claims process. Thanks to them, we have successfully built a large and complex claims management and claims adjustment business. We are fair, agile and customer-centric in everything we do. Our people will continue to make us who we are: a company you can trust. We know that McLarens shares our values ​​and our culture and we see great potential for growth in working together. Our entire management team is excited about the future and ready to join forces with McLarens. ”

transaction details

McLarens bought 100% of the capital of MGB Claims Consultants. Financial terms of the transaction were not disclosed.

Notes to Editors:

About McLaren:

Founded in 1931, McLarens is one of the world’s leading providers of independent insurance services with offices and operations strategically located in 41 countries around the world. With a focus on complex, commercial and specialty markets, McLarens provides loss adjustment, loss and risk management services, as well as audits and pre-risk studies. McLarens’ global footprint enables it to provide consistent and streamlined service to customers around the world, while delivering local expertise and responsive service. McLarens adjusters have an average of over 20 years of experience, operating in a wide range of industries with specialties such as: property, crisis management, natural resources, construction and engineering, natural resources, agriculture, aviation, accidents, marine, FAJ and species, Global TPA Services and Environmental Advisory Services. For more information, please visit: www.mclarens.com.

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