Claims Consortium Group has acquired loss adjusting business Stream Claims Services for an undisclosed sum.
Stream Claims Services will become part of Claims Consortium Adjusting going forward. Its managing director, Jim Pittman, will report to professional services director Nick Turner, who has joined the board of directors.
Claims Consortium Group chief executive officer Jeremy Hyams said: “We are thrilled to expand on our highly successful claims handling model as we welcome Stream to the group.”
“Combining the loss adjusting expertise within Stream with the breadth and variety of our claims handling experience, supply chain capability and cutting edge technology will create a scalable adjusting service that will completely revolutionise the loss adjusting market.”
Pittman continued: “Joining a large company we will have a new platform for growth and be able to offer the wider range of services that our clients require. Our loss adjusters will have more access to superior technology and a range of additional services that will underpin our ability to offer individual solutions for every customer.”
Claims Consortium offers an end-to-end claims management and repair network to major insurers in the UK.
Its specialist claims handling services include Property Consortium UK, Property Consortium Drainage, Building Claims Services, Motor Claims Services, Digital Claims Services and Claims Consortium Adjusting.
In August, Claims Consortium appointed Heather Lambert to the new role of sales director.
Lambert joined from Crawford & Company, where she most recently served as director of UK key clients.
Pictured: Jim Pittman and Jeremy Hyams
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