PE-backed VRS VeriClaim buys Ellis May

VRS VeriClaim UK, a subsidiary of T&H Global Holdings, which is owned by private equity firm Flexpoint Ford, has acquired Ellis May Chartered Loss Adjusters. No financial terms were disclosed. Based in the UK, Ellis May is a provider of loss adjusting and associated engineering and surveying services for high net worth and commercial claims.

PRESS RELEASE

NAPERVILLE, Ill., May 1, 2014 /PRNewswire/ — T&H Global Holdings, LLC (T&H), a premier provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities, today announced that its VRS VeriClaim UK Ltd. (VRS VeriClaim) subsidiary has acquired Ellis May Chartered Loss Adjusters (Ellis May), a leading provider of high net worth and commercial loss adjusting and claims handling services to the property and casualty insurance market.
“Ellis May is one of the leaders in the handling of high net worth residential claims and we are delighted that Clive Ellis has agreed to bring his staff and experience to join us. Ellis May is a business very much like VRS VeriClaim, providing a traditional loss adjusting service, and is a highly valued partner to leading syndicates in the London market. The company’s experienced and knowledgeable staff will enhance our specialist skill set and in turn we will be able to offer wider services to their clients.” said Stewart Steel, managing director of VRS VeriClaim. “Ellis May has a 20 year history of providing the highest quality specialized claims services for the insurance market and the expertise of Clive and his team enhances our ability to respond to our client’s loss adjusting needs”, added Michael Arbour, President and CEO of T&H.
Established in 1995, Ellis May has 39 employees operating from offices in London (Uxbridge), Leeds and Birmingham. Following the acquisition, the Ellis May business will operate as the VRS VeriClaim Private Clients Division doing business as Ellis May and Clive Ellis will become the Managing Director of the new division.
“This is an exciting opportunity for our staff and clients.” said Clive Ellis, owner and founder of Ellis May. “The ethos of our business has been premier levels of customer care to policyholders throughout the claims experience. VRS VeriClaim has identical values in the commercial arena and the merger will bring added value service to all our clients.”
About T&H Global Holdings, LLC
T&H Global Holdings, LLC, through its operating subsidiaries VeriClaim, Inc., VRS VeriClaim U.K. Ltd, and Unified Investigations & Sciences, Inc., is a premier provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities. The company leverages its specialized domain expertise, experienced professional staff, and process knowledge to provide its clients loss adjusting, third-party claims management and fire and forensics investigation services. VeriClaim serves a blue chip global client base that includes leading insurance underwriters, brokers and Fortune 500 companies. The company was founded in 1918 and is headquartered in Naperville, Illinois. For more information about T&H and VeriClaim, please visit www.vericlaiminc.com, www.vrsvericlaim.co.uk, and www.uis-usa.com.
T&H is majority owned by Flexpoint Ford, LLC, a leading private equity firm specializing in the financial services and healthcare sectors.
About Ellis May Chartered Loss Adjusters
Ellis May was formed in 1995 and has an experienced staff of 39 employees providing loss adjusting and associated engineering and surveying services for high net worth and commercial claims to the UK insurance market. Ellis May has offices in London (Uxbridge), Leeds and Birmingham

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