Crawford Global Technical Services(R) Launches European Financial Lines Claims Service

Oct 06, 2015 07:50 JST

Source: Crawford & Company

Crawford Responds to Growing Demand from Corporates as Risk Landscape Changes

LONDON, Oct 06, 2015 - (ACN Newswire) - In an environment of growing regulatory action and tightening legislation, Crawford & Company(R) today launched a new Financial Lines Claims Service throughout Europe to be spearheaded by Rianne Baumann, liability director for Europe, and John Buckle, liability managing director for the UK.

"From professional indemnity, D&O and E&O to fraud and cyber breach, today's corporates are faced with a changing risk and exposure landscape," said Mike Reeves, head of Global Technical Services(TM). "The less-forgiving regulatory environment and spread of collective actions from the U.S. into Europe are just two trends challenging organisations and their directors and officers.

"In this environment, the risk and insurance community needs an experienced team of experts to evaluate and assess financial lines claims in microscopic detail, and the Crawford Financial Lines Service meets that challenge," Reeves continued. "The highly skilled team includes lawyers, accountants and engineers with expertise that has been built throughout many years."

Crawford unveiled its new service for insurers, reinsurers, captives and multinational clients at the Federation of European Risk Management Associations (FERMA) Risk Management Forum in Venice. The new Financial Lines Service offers extensive experience in multi-insurer, multi-layer, reinsured and captive-led covers across the UK and Europe. Claims of any size or complexity are handled by this new service.

About Crawford

Based in Atlanta, Ga., Crawford & Company (www.crawfordandcompany.com) is the world's largest independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with an expansive global network serving clients in more than 70 countries. The Crawford Solution(SM) offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers compensation claims and medical management, and legal settlement administration. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.

Crawford launches Financial Lines Claims Service final: http://hugin.info/155880/R/1956834/712828.pdf

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Source: Crawford & Company via Globenewswire

Source: Crawford & Company