VeriClaim, Inc. Announces the Acquisition of Property Claims Services, Inc. - Insurance News | InsuranceNewsNet

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August 23, 2013 Newswires
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VeriClaim, Inc. Announces the Acquisition of Property Claims Services, Inc.

PR Newswire Association LLC

NAPERVILLE, Ill., Aug. 23, 2013 /PRNewswire/ -- T&H Global Holdings, LLC (T&H), a premier provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities, today announced that its VeriClaim, Inc. (VeriClaim) subsidiary has acquired Property Claims Services, Inc. (PCS), a leading provider of loss adjusting and claims handling services to the property and casualty insurance market.

"The acquisition of PCS strengthens VeriClaim's loss adjusting presence in the South and Central  U.S., and expands our P&C claims capabilities for our global client base", said Michael Arbour, President and CEO of T&H.  "PCS has a 34-year history of providing the highest quality specialized claims services for the insurance market and the expertise of PCS's employees enhances our ability to respond to our client's loss adjusting needs."

Based in Dallas, Texas, PCS specializes in both property and liability claims services including adjustments, investigations, appraisals and surveys. 

"We are excited to join the VeriClaim organization," said Mark Wiesmann, President of PCS.  "Our cultures and specialized claims expertise are complementary and with our combined business we are able to provide better solutions for the complex claims needs of our clients."   

T&H is majority owned by Flexpoint Ford, LLC, a leading private equity firm specializing in the financial services and healthcare sectors.

About T&H Global Holdings, LLC
T&H Global Holdings, LLC, through its operating subsidiaries VeriClaim, Inc., VRS VeriClaim U.K. Ltd, and Unified Investigations & Sciences, Inc., is a premier provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities.  The company leverages its specialized domain expertise, experienced professional staff, and process knowledge to provide its clients loss adjusting, third-party claims management and fire and forensics investigation services.  VeriClaim serves a blue chip global client base that includes leading insurance underwriters, brokers and Fortune 500 companies.  The company was founded in 1918 and is headquartered in Naperville, Illinois.  For more information about T&H and VeriClaim, please visit www.vericlaiminc.com, www.vrsvericlaim.co.uk, and www.uis-usa.com.

About Property Claims Services, Inc.
Property Claims Services, Inc. was formed in 1979 and has an experienced staff of adjusters specializing in both commercial and residential property services, including appraisals, full or partial investigations and  adjustments and surveys.  PCS, based in Dallas, provides loss adjustments and claims services throughout the Southwest and South Central U.S.

Contact: Mike Arbour, 630-245-7010

SOURCE T&H Global Holdings, LLC

Wordcount:  386

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