Gallagher subsidiary picks up assets of Welsh claims management firm

Gallagher Bassett has acquired the assets of Adjusting Associates LLP.

Established in 2002, Wales-based Adjusting Associates provides loss adjusting and claims management services to London Market clients, predominantly managing domestic, commercial, liability and business interruption claims.

Adjusting Associates primarily serve businesses in the UK, as well as in the Republic of Ireland, France, Portugal, Italy and Spain.

Stephen Sheppard, Andrew Swan and their associates will continue to operate from their current location in Wales, reporting to Simon Pemberton, chief executive of Gallagher Bassett’s UK operations.

“This is an exciting acquisition for Gallagher Bassett, further developing our services for current and future clients. It presents a fantastic opportunity for us to expand our presence in the London market.” said Pemberton. “We are delighted to welcome Stephen, Andrew and the team into Gallagher Bassett’s growing global team.”

Sheppard and Swan added: “Adjusting Associates joining Gallagher Bassett provides an excellent opportunity to continue and enhance its ongoing expansion in the current UK market.

“All the staff at Adjusting Associates LLP are very excited and optimistic to be joining the Gallagher Bassett team”.