Gallagher Buys NetClaim, a Claims Administration Agency, from NAVEX

Arthur J. Gallagher & Co., the worldwide insurance coverage brokerage and consulting agency, mentioned its claims and risk-management subsidiary, Gallagher Bassett, has acquired Georgia-based NetClaim from NAVEX.

NetClaim, in Norcross, Georgia, gives first-notice-of-loss and first stories of harm for purchasers, together with carriers and third-party directors throughout the US, the businesses mentioned in an announcement. NAVEX, a part of NAVEX International, produces threat and compliance administration software program.

Phrases of the acquisition settlement weren’t disclosed.

“NetClaim’s experience in claims consumption companies will improve Gallagher Bassett’s incident administration capabilities and ship superior outcomes for our purchasers,” mentioned J. Patrick Gallagher, Jr., Chairman and CEO.

AJG is publicly traded and relies in Rolling Meadows, Illinois.

Subjects
Mergers & Acquisitions
Claims
A.J. Gallagher