Vericlaim acquires Farrell & Associates

NAPERVILLE - Vericlaim, a subsidiary of Sedgwick Claims Management Services, has acquired the assets of Farrell & Associates Insurance Claims Services Inc., based in Portland, Oregon.

Terms of the acquisition were not announced.

Farrell & Associates is an independent claims management and investigative firm based in serves the needs of insurance carriers, public and global provider of loss adjusting and claims management services-entities, defense attorneys and self-insured companies in the Pacific Northwest.

Mike Farrell, a 30-year veteran of the casualty claims business, founded the company in 1995. Under Farrell's leadership, his eponymous firm established a regional reputation for excellence and strong relationships with area public entities and corporations. As part of the transaction, he and his colleagues will join the Vericlaim

organization.

"The addition of Mike Farrell and his knowledgeable team of adjusters to the Vericlaim organization greatly strengthens our presence in the Pacific Northwest," said Vericlaim CEO Michael Arbour. "Together we can offer customers an unparalleled depth of resources and level of care."

Vericlaim is a global loss adjusting and claims management company helping clients - insurance companies, corporations, public entities and brokers - manage and control their risk needs around the world.