Crawford & Company’s Acquisition of Crawford Carvallo SpA

Barros & Errázuriz advised on the deal

Crawford & Company (NYSE: CRD-A and CRD-B), the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporates executed the acquisition of Crawford Carvallo and its individual business units (Graham Miller, Crawford Marine & Transportation, Crawford Affinity Chile, Crawford Affinity Colombia, Legaltec, and Quality Surs), a leader in the provision of loss adjusting, claims management solutions and legal services in Chile.

Crawford Carvallo has been part of Crawford’s partnership network for almost 30 years, providing clients in the region with access to its full range of capabilities across property & casualty (P&C), marine hull, transportation, aquaculture and affinity lines of business, as well as offering a suite of legal services. This acquisition formalizes our long-standing relationship and boosts our ability to restore and enhance lives, businesses and communities in Latin America.

The acquisition forms part of Crawford’s ongoing investment in the region by expanding its on-the-ground capabilities and expertise across Latin America. Crawford Carvallo’s technical expertise has seen them grow to be one of the most knowledgeable claims management teams in Latin America. Their focus on quality lines up perfectly with our own vision; enabling us to deliver on our purpose and launch new client-focused services across the region.

Barros & Errázuriz advised Crawford Carvallo SpA selling shareholders with Luis Alberto Letelier Herrera (Picture), Vicente Cordero Becker, Juan Cristóbal Schmidt Canessa and Andrés Vaccaro Carrasco.

Involved fees earner: Vicente Cordero Becker – Barros & Errázuriz Abogados; Luis Alberto Letelier Herrera – Barros & Errázuriz Abogados; Juan Cristóbal Schmidt Canessa – Barros & Errázuriz Abogados; Andrés Vaccaro – Barros & Errázuriz Abogados;

Law Firms: Barros & Errázuriz Abogados;

Clients: Crawford Carvallo SpA;

Author: Ambrogio Visconti.