NAPERVILLE, Ill., Jan. 4, 2016 /PRNewswire/ -- Vericlaim—a subsidiary of Sedgwick Claims Management Services, Inc., and global provider of loss adjusting and claims management services—has acquired First Choice Repair, a managed repair network of high-quality contractors servicing damaged commercial and residential properties.
First Choice Repair, based in Jacksonville, Florida, built the claims industry's first proprietary restoration and repair network. Through the First Choice Repair network, hundreds of credentialed contractors, many of whom operate in the roofing, siding and gutter sector, deliver restoration and repair services to customers across the U.S.
"Vericlaim's reputation in the claims industry was built on expertise in field adjusting for complex, high-severity property loss claims," said Michael Arbour, CEO of Vericlaim, Inc. "With the addition of First Choice Repair, Vericlaim is now able to offer a more robust response to high-frequency, low-severity property events resulting from catastrophes or daily claims. First Choice Repair's large and well-credentialed contractor network, strong client base and talented team led by President and CEO William Breslin will be great assets to our organization. We are excited for the opportunity to work together to help a broader base of customers make things right in the aftermath of catastrophic and everyday property damage."
"For nearly 40 years, Sedgwick has focused on the care of people in the casualty and disability claims process," said David A. North, president and CEO of Sedgwick. "Investing in the continued growth of our Vericlaim family of companies enables us to apply our philosophy of care in the property loss space. With expanded capabilities and more resources on the ground nationwide, we are better positioned than ever to be where our customers need us when they need us most."
A wholly owned subsidiary of Sedgwick Claims Management Services, Inc., Vericlaim is a preeminent global loss adjusting and claims management company committed to helping its clients—insurance companies, corporations, public entities and brokers—manage and control their risk needs around the world. The success of Vericlaim stems from its focus on providing clients with superior claims resolution on the most timely and cost effective basis in the industry, continually adapting to the evolving service and information needs of its clients, and developing innovative solutions to complex risk management issues. The company has global reach and maintains a distinct local market presence in more than 400 locations throughout the world.