Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said its claims and risk-management subsidiary, Gallagher Bassett, has acquired Georgia-based NetClaim from NAVEX.
NetClaim, in Norcross, Georgia, provides first-notice-of-loss and first reports of injury for clients, including carriers and third-party administrators across the United States, the companies said in a statement. NAVEX, part of NAVEX Global, produces risk and compliance management software.
Terms of the purchase agreement were not disclosed.
“NetClaim’s expertise in claims intake services will enhance Gallagher Bassett’s incident management capabilities and deliver superior outcomes for our clients,” said J. Patrick Gallagher, Jr., Chairman and CEO.
AJG is publicly traded and is based in Rolling Meadows, Illinois.
Topics Mergers & Acquisitions Claims
Was this article valuable?
Here are more articles you may enjoy.
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You 
Lululemon Slips as Texas Announces Probe of ‘Forever Chemicals’ 
California AG Opposing Oil Pipeline Special Permit to Waive Safety Regulation 
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies 
