Vanguard Claims receives investment from Jordan Partners

Vanguard Claims Administration, which provides third-party medication (TPA) services successful the spot and casualty (P&C) security sector, has secured backing from Jordan Partners to further make its technology-enabled claims absorption solutions.

With enactment from Jordan Partners, Vanguard plans to beforehand its exertion systems, heighten information reporting capabilities and upgrade client-focused infrastructure.

The collaboration volition besides enactment a program to get different founder-led TPA and autarkic adjuster (IA) companies to physique a much scalable operation.

Jordan Partners co-founder and spouse Gordon Green said: "Vanguard represents precisely the benignant of concern we question to spouse with – an exceptional founder-led level with a precocious integrity culture, heavy lawsuit relationships and wide opportunities for scalable growth.

"Their operation of work strength and operational subject positions them astatine the forefront of the TPA and IA markets. We are honoured and excited to spouse with the Vanguard squad to enactment their adjacent signifier of growth, grow their nationalist footprint, and assistance supply a lasting location for founder-owned businesses seeking a thoughtful and aligned succession solution."

Vanguard Claims Administration serves Lloyd's of London markets arsenic good arsenic US-based security providers.

Vanguard's level delivers TPA and autarkic adjusting services for a assortment of clients including managing wide agents, P&C carriers, hazard retention groups, Lloyd’s syndicates and self-insured groups crossed the US.

Vanguard stated that its combined TPA and IA level is supported by ongoing concern successful exertion and compliance measures.

Jordan Partners claimed that its value-creation attack is based connected automation, acquisition of compatible businesses, and operational improvements to enactment higher margins and continued expansion.

Vanguard Claims Administration CEO and president Brian Gilliam commented: "Jordan understands the equilibrium betwixt investing successful scalable infrastructure and preserving the service-first attack our clients person travel to expect.

“With Jordan's strategical support, we volition proceed to heighten our exertion and reporting capabilities, grow our lawsuit work teams, and thoughtfully turn our level done acquisitions without compromising the idiosyncratic attack that defines Vanguard."

"Vanguard Claims receives concern from Jordan Partners " was primitively created and published by Life Insurance International, a GlobalData owned brand.