NAPERVILLE, Ill., Nov. 1, 2016 /PRNewswire/ -- Vericlaim—a subsidiary of Sedgwick Claims Management Services, Inc., and global provider of loss adjusting and claims management services—has acquired the assets of Mid-Texas Claim Service, Inc., an independent provider of all-lines insurance adjusting and appraisal services in central Texas.
Based in Temple with servicing offices in Waco and Bryan-College Station, the company has delivered best-in-class adjusting and appraisal services to insurance carriers, property owners, defense attorneys and self-insured companies in the heart of Texas since 1954. As part of the transaction, the owners of Mid-Texas Claim Service, industry veterans Larry Vardeman and Byron Gilchrest, and their team of experienced adjusters and appraisers have joined Vericlaim.
"The addition of the Mid-Texas Claim Service team to the Vericlaim organization brings more than 157 years of combined adjusting and appraisal experience to our ranks," said Vericlaim President Thomas Simoncic. "This strategic acquisition greatly strengthens our expertise and presence in central Texas and allows us to meet the needs of this highly populated region, where significant weather events are all too common."
"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 'caring counts' philosophy to 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.
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