Charles Taylor Acquires V+B Group, Bolstering Marine Capabilities
Bringing Rotterdam-based Group on board will further expand Charles Taylor Marine Technical Services’ presence in European market
Charles Taylor, a leading provider of claims and technology solutions to the global insurance market, today announced that it has acquired V+B Group, a maritime assurance and surveying company consisting of three businesses: Verschoor & Bras BV, Marinco Survey BV and Marintec Expertise BV.
Headquartered in Rotterdam in the Netherlands, V+B Group provides end-to-end survey solutions to the European maritime market ranging from claims investigations to assessments and inspections, with a particular focus on the Amsterdam, Rotterdam and Antwerp area and the Northern Netherlands region. The acquisition will enable Charles Taylor to expand its Marine Technical Services’ surveying capabilities and bolster its on-the-ground presence in Europe.
“The acquisition of V+B Group brings more than a century’s worth of marine expertise and relationships into the Charles Taylor family,” said Oliver Hutchings, Managing Director, Marine at Charles Taylor. “Its management team, led by Roelof Boerma and Frits Vlugter, have driven V+B’s Group’s success to date and with our support, will be perfectly placed to continue on this trajectory. We look forward to welcoming them into our global team and building on their impressive momentum.”
Roelof Boerma, Director and Partner of V+B Group, added, “We have grown V+B Group to become a key player in the maritime survey space, building a reputation in the industry thanks to our comprehensive offering and best-in-class service. We still have substantial opportunities for growth moving forward and being part of Charles Taylor will enable us to capitalize on these, with increased firepower thanks to its international network and broad line of expertise.”
Frits Vlugter, Director and Partner of V+B Group, said, “We have a history of growing through acquisitions, previously combining three firms to make V+B Group the company it is today, and now this acquisition marks a significant chapter in our journey as we ourselves become part of a truly global brand. Charles Taylor Marine Technical Services is a renowned and rapidly growing name in the industry, and we’re excited to become a part of the team.”
The three businesses will continue to trade under their existing names as part of Charles Taylor’s Marine Technical Services.
About Charles Taylor
Charles Taylor is an independent, global provider of claims solutions, insurance management services and technology platforms for all property and casualty markets, including commercial property, workers’ compensation, and auto/liability. We offer complex loss adjusting, technical services, third-party administration and managed care programs with specialization in catastrophic, 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 claims and technology 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.