McLarens International and Maxson Young have confirmed plans to merge.
Peter Tinsley, chief executive, McLarens International Group said: "By joining forces, we can help our clients meet those challenges and reach their full potential."
Vernon Chalfant, chairman and chief executive officer of Maxson Young said: "Our companies are united by shared values and similar philosophies. In simple terms, quality service is our product and quality people are our most important asset.
"The combined expertise and resources of our two firms will enable us to deliver the highest quality risk-management and claims services to our clients around the globe through the strongest worldwide network in our industry."
The merger is expected to be completed by early 2003.
