Crawford & Company Italia, a subsidiary of US-based Crawford & Company, has completed the acquisition of Studio Bolton & Associati, an Italy-based liability adjusting and claims handling company.
Studio Bolton has more than 35 staff in two branches located in Rome and Milan, with focus on professional liability business, with a presence in the Lloyd’s and London market.
The founder of Studio Bolton William Bolton will remain involved in a non-executive capacity during the transition period.
Crawford CEO for Continental Europe Mark Harman said the complementary skills and resources of the liability teams offer a very strong strategic fit, and will deliver a full-service offering to the Italian market and the Lloyd’s market, creating a strong platform for future growth and development.
Crawford Italia country manager Paul Ogni said the company is working on development options for the business going forward, while the main focus will continue to stay on delivering excellent services to clients.
Crawford & Company is the an independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with a global network of more than 700 locations in 63 countries.