Business Moves & Mergers News

CCC Intelligent Solutions Acquires EvolutionIQ for $730M

CCC Intelligent Solutions Inc. signed a definitive agreement to acquire claims management platform EvolutionIQ Inc. Subject to the terms and conditions included in the agreement, CCC is expected to acquire EvolutionIQ for $730 million to be paid for with a …

Sdii Global Acquires Claims-Services Provider Roar Engineering

Sdii Global LLC, a forensic engineering and consulting firm primarily supporting claim resolution for the property/casualty insurance industry, completed the acquisition of Roar Engineering Inc. in Mississauga, Ontario. Roar and Sdii will continue to operate independently while sharing cross-platform resources. …

Gallagher Bassett Acquires NetClaim from NAVEX

Gallagher Bassett acquired NetClaim from NAVEX. NetClaim provides first notice of loss and first report of injury services for risk management clients, insurance carriers and third-party administrators throughout the U.S. NetClaim will join Gallagher Bassett’s incident management team under the …

MedRisk Acquiring Casualty Claims Solutions Business from Conduent for $240M

MedRisk is acquiring the Casualty Claims Solutions business from Conduent for $240 million. This business encompasses workers’ compensation and auto casualty bill review services, which include the processing of medical bills and clinical services. The sale consists of Conduent’s workers’ …

Sedgwick Acquires Maritime Claims Firm Nautilus

Global claims services firm Sedgwick recently acquired the assets of Nautilus Investigations, a South Florida-based firm with a specialty in maritime claims, incidents and casualties, particularly yachts and personal watercraft. Nautilus adjusts and investigates all types of marine incidents, serving …

McLarens Acquires Energy Claims Specialist LWI in London

Atlanta-based global insurance claims management firm McLarens reported it has acquired London-based Lloyd Warwick International (LWI), a provider of global specialty loss and insurance adjusters. McLaren purchased the firm from LWI employees and Crawford & Co. Financial terms of the …

Sedgwick Closes on Acquisition of York Risk Services

Insurance and benefits claims firm Sedgwick said it has completed its purchase of York Risk Services Group, which offers claims administration, managed care and loss adjusting services. The acquisition plan was first announced in July. The purchase marks Sedgwick’s third …

Aon Quits Pursuit of Willis Towers Watson Merger

Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the early stages of …

Aon Weighing Bid to Buy Willis Towers Watson

Aon Plc is considering an offer to buy rival insurance brokerage Willis Towers Watson Plc, according to people familiar with the matter, in what could be the industry’s largest ever merger. Bloomberg reported that Aon is preparing to submit a …

M&A News: CRS/Klein & Co., Eberl/Carwood Claims, Verisk/Rulebook

CRS Temporary Housing Announces Merger with Klein & Company In partnership with GenNx360 Capital Partners, CRS Temporary Housing merged with Klein & Company on November 30, 2018. Founded in 1995 and based in Golden, Colo., Klein & Co. provides hotel …