Crawford & Co proclaims two acquisitions
“We are excited to partner with the Praxis Consulting team, a leader in the assignment of claims market with over 20 years of recognized experience and proven results,” said Larry Thomas, Crawford Global President of Platform Solutions. “Their ability to execute, their in-depth expertise and strong customer relationships will enable us to increase Crawford’s presence in the claims ecosystem while delivering quality and expertise to existing and future customers.”
“For 24 years, Praxis has prided itself on providing superior recovery services to a diverse group of partners in the property and casualty insurance industry,” said Robert Ford, founder of Praxis. “The practice team is excited to work with a global leader like Crawford to build on Crawford’s vision of being the industry partner of choice.”
“At Crawford, we have a relentless pursuit of service excellence,” said Rohit Verma, Crawford CEO. “Taking on Praxis is an exciting next step in our commitment to streamline and redesign the insurance ecosystem through our unique combination of technology and people. We look forward to working with our new colleagues from Praxis Consulting. “
Crawford has also announced the acquisition of BosBoon Expertise Group BV, a Netherlands-based claims specialist. The acquisition supports Crawford’s goal of strengthening its local presence in all areas in which it operates, the company said.
BosBoon offers a range of specialized claims settlement services that complement the existing Crawford Global Technical Services (Crawford GTS) offering in the Netherlands and internationally.
BosBoon has offices in Eindhoven and Amsterdam. She specializes in civil liability, construction and engineering, personal injury and shipping. This complements Crawford’s existing claims compensation and TPA services in the Netherlands and across Europe.
BosBoon’s current leadership of CEO Mathy Boon, Herman Van der Bos and Twan Meulendijks will continue after the takeover.
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“At Crawford, our goal is to maintain our position as the most credible and reliable claims management company in the insurance industry,” said Andrew Bart, President of Loss Adjustment International at Crawford. “By taking over BosBoon, we are further strengthening this position. They are an exceptional team of market specialists who are highly respected for both their deep and outstanding expertise and their unwavering commitment to exceptional customer service. We see clear synergy between our organizations and recognize their desire to restore and improve lives, businesses and communities, which is the purpose of Crawford. “
“We see a great opportunity to expand our position in the Netherlands and unlock the full market potential of our Crawford CTS offering,” said Niels de Kock, Country Manager for the Netherlands and Belgium at Crawford. “BosBoon offers the perfect platform for this, given its relentless pursuit of service excellence, its many years of experience and the long-term nature of its customer base. I look forward to working closely with the team to expand our capabilities in the region. “
“At BosBoon we have built our reputation in the marketplace through close relationships with our customers that enable us to offer solutions that are tailored to their unique needs,” said Boon. “By becoming part of Crawford, we will be able to take advantage of the incredible breadth and breadth of services and technology on offer in order to provide a truly differentiated level of service to our customers both in the Netherlands and around the world.”