New York-based Charles Taylor, a provider of insurance services, has acquired Indianapolis-based Syndicate Claims Services Inc. Financial terms of the deal were not disclosed.
Rob Brown, group chief executive officer for Charles Taylor, says the acquisition aligns with the firm’s U.S. growth strategy and expands its ability to serve a broader client base. He says the firm specializes in adjusting large, complex losses for property and casualty, natural resources, marine, and aviation insurance clients.
Syndicate provides loss adjusting, claims, and catastrophe services for commercial, industrial, retail, and specialty commercial markets, as well as residential insurance markets, including condominium, farm, and ranch properties.
Charles Taylor says the Syndicate team will join its more than 3,000 employees around the world.
The deal comes shortly after Charles Taylor’s acquisitions in the U.S. of Aegis Corp. in January and SBSA in 2020, as well as the Cosulich Group in March.