Acquisition of the Peru-based loss adjuster matches local expertise with global resources and expands Charles Taylor’s growing footprint in Latin America
Charles Taylor Adjusting, a provider of claims solutions to the global insurance market, today announced that it acquired Peru-based Herrera DKP, a loss adjusting firm that has been a leader in the Latin American market for more than three decades.
Founded in 1990, Herrera DKP has developed an extensive suite of services and deep-rooted expertise in managing claims in Fire and related lines, Engineering Insurance, Civil Liability, General Risks as well as Marine both in Transportation and Hull and Machinery. The firm is renowned for its sophisticated engineering capabilities and a team of highly experienced professionals who set the standard for technical precision and operational excellence in the Peruvian market.
The acquisition allows Charles Taylor Adjusting to further strengthen its presence in Peru specifically and Latin America more broadly, enhancing its capabilities across a number of key business lines and adding to its existing businesses in Peru, Chile, Colombia, Brazil and Mexico. The Herrera DKP leadership team will continue to run the business and spearhead its growth, collaborating with and reporting into Martín Bereche, CEO of Charles Taylor Adjusting Peru.
"We’ve achieved tremendous growth in the Latin American market in recent years, and the acquisition of Herrera DKP is yet another major milestone in our global expansion strategy," said Felipe Ramirez, Regional Head, Latin America, Charles Taylor Adjusting.
Martín Bereche, CEO of Charles Taylor Adjusting Peru, said, “Herrera DKP’s localized expertise combined with Charles Taylor Adjusting’s global resources and network represents a perfect formula for success. Together, we will be able to deliver an expanded range of services to clients, including advanced technological tools, and capitalize on the many opportunities that have opened up in the Latin American market.”
Luis Herrera, Executive at Herrera DKP, said: “Joining the Charles Taylor family marks an incredibly exciting new chapter for Herrera DKP and our clients. We have always been committed to providing best-in-class service, and with added resources behind us following the acquisition, we are poised to continue building on our successes long into the future.”
Joshua Rosen, Prosek Partners
About Charles Taylor
Charles Taylor is an independent, global provider of claims solutions, insurance management services and technology platforms for all property and casualty and specialty insurance markets. We offer complex loss adjusting, technical services, third-party administration and managed care programs with specialization in P&C, aviation, energy and marine claims. With over 100 years of expertise at our core, we offer a comprehensive suite of solutions across all lines of business to help our clients manage risk.
Charles Taylor employs more than 3,100 staff across our expansive global network in more than 30 countries across Europe, the Americas, Asia Pacific, the Middle East and Africa. The company delivers risk management solutions to a diversified customer base that includes regional, national and international insurance companies, self-insured employers, mutuals, captives, brokers, Lloyd's syndicates and reinsurers. Our clients benefit from customized solutions, technical expertise and the global reach of our award-winning solutions.