The acquisition allows the third-party administrator to ‘strengthen the business’ and create opportunities
Gallagher Bassett has bought third-party claims administrator Claims Settlement Agencies (CSA) Ltd in a bid to boost its size and offering.
CSA’s owner and managing director Scott Beesley and his team will continue to operate from the firm’s current location in Hadleigh, Essex, reporting to Simon Pemberton, chief executive of Gallagher Bassett’s UK operations.
Pemberton said: “This is an exciting acquisition for Gallagher Bassett, further developing our services for current and future clients.
“We are delighted to welcome Beesley and the team into Gallagher Bassett’s growing global team.”
Established in 1990, CSA specialises in handling claims arising from corporate and personal travel, accident and health and personal accident insurance.
In addition to this, CSA offers medical screening and policy fulfilment services.
The third-party administrator works primarily with UK-based London market underwriters and insurers, dealing with claims arising from incidents occurring in nearly every global travel destination.
Beesley added: “All of us at CSA are looking forward to joining the Gallagher Bassett family. This acquisition allows us to strengthen the business whilst creating opportunities to offer a broader range of services to the benefit of our existing and future clients.”