Crawford & Company announced that it has successfully completed its acquisition of Studio Bolton & Associati s.r.l., first announced in November 2010.
Studio Bolton is a leading specialist liability adjusting and claims handling company in Italy, with more than 35 staff in two branches located in Rome and Milan, Italy. Its main focus is professional liability business, with a strong presence in the Lloyd’s and London market.
Mark Harman, CEO of Crawford in Continental Europe, noted: “The complementary skills and resources of the liability teams offer a very strong strategic fit, and will deliver a full-service offering to the Italian market and the Lloyd’s market, creating a strong platform for future growth and development.”
William J. Bolton, founder of Studio Bolton, will remain involved in a non-executive capacity during the transition period.
Paul Ogni, Country Manager of Crawford Italia, added: “The move evidences the continued commitment to further develop our liability claims capabilities and to reach across the international and domestic Italian markets to better serve our clients. We are working on development options for the business going forward, while our main focus will continue to stay on delivering excellent services to our clients.”
Source: Crawford & Co.
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