Technically Inspiring

Charles Taylor InsureTech announced a 5-year extension to deliver a delegated authority solution across the market, signed with the London Insurance Market Operations & Strategic Sourcing (LIMOSS).

We acquired the remaining stake in Otak to take full ownership of the Tide insurance technology platform.

Charles Taylor Specialist Investigation Services, an intelligence-led approach to counter fraud, launched.

We expanded our U.S. TPA and Insurance Management services through the acquisition of Aegis Corporation. Aegis is a Wisconsin-based leader in mutual management and third-party claims administration.

Charles Taylor announced leadership changes, with Edward Creasy appointed Executive Chairman for the Group alongside Tamer Ozmen, who re-joined the Board.

We welcomed industry veteran Rob Brown as new Group CEO and Arjun Ramdas as new CEO of InsureTech.

We expanded our U.S. Engineering and Technical Services capabilities with the acquisition of SBSA, Inc.

We also announced the expansion of our marine capabilities in EMEA through the agreement to acquire Lab Cosulich Consultants (LCC).

A year of transition – following strong revenue growth across all three segments: Claims Services, Insurance Management and InsureTech and approval of the Scheme of Arrangement, the group was successfully acquired by Lovell Minnick Partners LLC (by its subsidiary Jewel BidCo Ltd.) resulting in Charles Taylor plc being delisted from the London Stock exchange at the end of the year.

In collaboration with Signal Mutual, we launched Sage Adjusting LLC to provide longshore and harbor workers' compensation claims administration.

The Group also announced the disposal of interest in Charles Taylor Managing Agency Holdings Ltd and its subsidiaries to Premia Holdings Ltd.

Charles Taylor significantly expanded its operations in Latin America. We acquired the FGR Group, a loss adjusting business headquartered in Chile. By combining this with our existing Latin American operations, we created one of the region’s leading international loss adjusters.

We also acquired Inworx, an insurance-focused technology consultancy and software provider which significantly broadened our technology capabilities on a global basis.

The Group also acquired Aasgard Summit, a provider of marine claims programme management services, securing our position as one of the largest US providers of claims services to the maritime community.

We entered the High Net Worth loss adjusting market by acquiring Criterion Adjusters and bought Metro Risk Management to extend our US claims management capability.

The Group relocated its London operation to The Minster Building in the heart of London’s insurance district.

Charles Taylor acquired CEGA* to enter the assistance and travel claims management market. *Charles Taylor Assistance is a trading brand for CEGA.

We developed a significant UK construction and engineering (C&E) adjusting service and started a major initiative to build our loss adjusting capability in the USA.

Charles Taylor InsureTech established a technology Centre of Excellence in Mexico City.

We further expanded our technology capabilities by launching Charles Taylor InsureTech and investing in insurance software house Fadata.

The Company was appointed to manage mutual insurer, The Strike Club, the largest mutual provider of marine delay insurance.

We supported The Standard Club and Singapore Shipping Association to establish the Singapore War Risks Mutual.

Charles Taylor further developed its loss adjusting capabilities by acquiring Knowles Loss Adjusters to enter the UK general adjusting market.

We supported Signal Mutual to establish SafeShore, a Longshore workers’ compensation small accounts programme.

The Group started to develop its insurance technology capabilities, launching the Trax claims management solution for the Lloyd’s market and acquired software house, KnowledgeCenter.

Charles Taylor was appointed by Lloyd’s to manage static claims across the market. Between 2011 and 2017 the Group acquired five further run-off life insurers which it consolidated into LCL International Life Insurance Company.

The London loss adjusting businesses were brought together as a single business under the Charles Taylor Adjusting brand.

The Group expanded its Bermuda captive management operations by acquiring Allegro.

Charles Taylor began to build its position in loss adjusting. By 2008 the company had acquired nine adjusting businesses in specialist markets (Energy, Aviation, Marine and Property & Casualty).

Charles Taylor was listed on the London Stock Exchange under Charles Taylor Group plc and later changed its name to Charles Taylor Consulting plc.

Signal Mutual, a US Longshore workers’ compensation mutual was established and appointed Charles Taylor as manager. Today Signal is the largest provider of Longshore workers’ compensation insurance to the US maritime industry.

A new mutual, SCALA, was formed to insure workers’ compensation risks for Canadian-flagged vessels and appointed Charles Taylor as manager.

Charles Taylor was founded in the north-east of England. The Standard Steamship Owners’ Protection and Indemnity Association Ltd was founded and engaged Charles Taylor as its managers.