Insight and Intelligence on the London & International Insurance Markets 22 Aug 2017
Charles Taylor buys Criterion Adjustors
- 10 August 2017
The loss-adjusting arm of Charles Taylor has acquired the fine art, antiques and property loss adjuster Criterion Adjusters in a £13.1mn ($17.0mn) deal.
In a statement today, Charles Taylor said Criterion, which is focused on the UK high net worth individual market, would provide "stable, repeatable" revenues.
Charles Taylor said it had paid £5.3mn in cash for 100 percent of the equity in the three corporate entities that make up Criterion: Criterion Adjusters, Criterion Surveyors and Criterion Claims Management.
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