McLarens, a global independent insurance services provider, has acquired Lloyd Warwick International (LWI), a premier provider of global specialty loss and insurance adjusters.
LWI is a global multi-disciplined loss adjusting and claims management company with extensive expertise in complex onshore, offshore and renewable energy claims.
Its team of nearly 50 prominent adjusters provides a wide range of engineering, forensic and technical claims support services to the global insurance industry, with a focus on the energy, marine, mining, power generation, renewables and special risk sectors.
Headquartered in London, LWI serves its global clients through offices in the UK, Europe, the Americas, Middle East, Asia Pacific, and South Africa.
According to McLarens, the acquisition is seen by both businesses as a strong strategic fit, aligning with its strategy to strengthen technical services and multi-disciplinary consulting capabilities in natural resources verticals.
Gary Brown, CEO at McLarens, said: “The Lloyd Warwick International name, like McLarens, is globally recognized and associated with quality, technical expertise, and the best loss adjusting and claims management service.
“The company has a leading reputation in the energy and oil market internationally, which will transform McLarens’ footprint in the natural resources sector.”
He added: “Together, we will advance our strategy of offering a broader depth of loss adjusting and technical services, a wider range of insurance consulting solutions, and an enhanced ability to serve major complex claims in the onshore and offshore energy market.”
Joe McMahon, chairman at LWI, said: “The LWI team welcomes the acquisition and is delighted to join the McLarens family of companies. Two leading loss adjusting and claims management brands just got stronger. The quality of work and technical expertise that McLarens fosters is complementary to our practice.”