London, 1st February 2010.
This development sees the successful transfer of the Teceris Corporate and Complex loss adjusting business into vrs VeriClaim UK which completed on 31st January 2010.
The company has over 50 staff many of whom are market leaders in the loss adjusting and claims related markets.
Commenting on the development, Stewart Steel, Managing Director of vrs VeriClaim UK said:
"This transformational deal marks an exciting development in loss adjusting. The company employs some of the most talented professionals in the UK and I am excited to be leading such a strong team. I see this as an excellent opportunity for our staff to flourish in a dynamic, progressive and forward thinking vrs VeriClaim environment.
I am certain our clients will benefit from the wide palette of professional services and business insight this new enterprise offers. Our considerable expertise will give clients access to a compelling, independent loss adjusting and claims related proposition.
Importantly, vrs VeriClaim is the UK member of the vrs worldwide organisation which gives us global reach, over 70 countries, and includes some of the leading practices around the world."
Stewart Steel concluded: "This is a significant step in our ambition to be uniquely positioned as a provider of high value advisory services to support our clients. Now is the perfect time in the cycle to make this breakthrough and we expect to be very busy hiring and acquiring in the short term."