Year: 2011

T&H Global Holdings, LLC (T&H), a premier provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities, today announced that its VeriClaim, Inc. (VeriClaim) subsidiary has acquired Cramer, Johnson, Wiggins & Associates, Inc. (CJW), a leading provider of loss adjusting and third party administration services (TPA) to the global property and casualty insurance market.

“The acquisition of CJW strengthens VeriClaim’s loss adjusting presence in the Southeast U.S. and Texas, and expands our TPA capabilities for our global client base”, said Michael Arbour, President and CEO of T&H. “CJW has a 30 year history of providing the highest quality specialized claims services for the insurance market and the expertise of CJW’s 150 employees enhances our ability to respond to our client’s loss adjusting needs.”

With 11 offices throughout Florida, Texas and Georgia, CJW specializes in both property and liability claims services including adjustments, investigations, appraisals and surveys. Through its TPA operation, CJW provides world class property and casualty claims management services to a global client base of insurance carriers, public entities, Lloyds of London syndicates, brokers and associations.

“We are excited to join the VeriClaim organization,” said Charles Cramer, Founder and Chairman of CJW. “Our cultures and specialized claims expertise are complementary and with our combined business we are able to provide better solutions for the complex claims needs of our clients.”

As part of the transaction, Mr. Cramer will become Vice Chairman of T&H’s Board of Directors. Additionally, Thomas Simoncic, President and Chief Operating Officer of CJW, will become the Chief Operating Officer of VeriClaim.

T&H is majority owned by Flexpoint Ford, LLC, a leading private equity firm specializing in the financial services and healthcare sectors.

Flexpoint Ford, LLC, a private equity firm focused on the financial services and healthcare sectors, announced today that it has acquired a majority interest in Toplis & Harding Holdings, Inc. (“VeriClaim”) from Silver Oak Services Partners, LLC. VeriClaim, is a leading provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities.

“VeriClaim maintains an excellent reputation as one of the premier providers of complex claims services to the insurance market, and we are excited to partner with the company’s talented management team”, said Chris Ackerman, Principal of Flexpoint Ford. “We believe the fragmented claims services sector represents a significant growth opportunity and the company’s world class capabilities make VeriClaim an attractive platform investment.”

“We are excited to partner with Flexpoint Ford and believe they will serve as an excellent financial partner as we continue to grow VeriClaim into the global leader in specialized insurance claims services”, said Michael Arbour, President and CEO of VeriClaim. “Flexpoint brings deep expertise in the insurance and insurance services industries, and we look forward to leveraging their experience to facilitate the continued expansion and enhancement of our service capabilities.”