GRS launches major loss operation in London

International loss adjuster Global Risk Solutions has today launched its London-based major and complex loss operation. Led by Mike Reeves in his role as the company’s director, Complex Claims Solutions will be supported by industry veterans, David Brocklehurst, as director of its global specialty markets division; Sarah Reynolds, as global head of cyber risks and Beverley Black as forensic accountant.

Reeves said the operation looks to work with underwriters, brokers and the corporate risk management community around the world, and as such London was the obvious choice for its base.

“The formation of the major and complex loss operation has been something that GRS has been keen to achieve for some time,” Reeves said. "In addition to technology and other advances in the claims process perhaps more should also be said about the expertise needed to work on and settle major and complex losses across the world. Our clients want to be sure about the people they entrust to handle their most high profile and bespoke claims. This is an expertise-led business and as such our aim is to build an international team of market leading loss adjusters. Whilst we have already appointed some very well-known and respected figures in the market that recruitment process is continuing.”

Separately, GRS has also announced two strategic partnerships in the UK, with loss adjusters Delta Claims Services and Williams Pitt, providing local resource and representatives across the UK and Ireland.

“We are pleased to be able to announce our partnership with Delta and Williams Pitt. We have been selective in terms of choice of partners for the UK and Ireland by looking for experience and established business leaders and employees. It delivers the ability to provide a wider range of top quality products and services to our UK clients,” Reeves added.

He said the launch of the operation should be viewed as a clear statement of intent to build its business for large and complex losses: “We are entering the market at a time when businesses, their brokers and their insurers, face the continued emergence of new risks, and larger exposures against a background of the most challenging global economy for a century."

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