Daily Insurance Industry News
 
 
Daily Insurance Industry News
Sunday 21st of January 2018
September 14, 2011

Airclaims and MYI to merge

by Richard Kilner

Story link: Airclaims and MYI to merge

Global loss adjuster McLarens Young International (MYI) has announced that it is to merge with Airclaims, one of the aviation community’s foremost providers of claims, risk and asset management services.

After the merger the two firms will continue to trade under their own brands, but Airclaims will become a fully owned entity within the MYI group.

The merger will lead to a larger product range to offer present and future clients, with Airclaims providing MYI with niche and technical expertise in the aviation field.

MYI Chief Executive Officer Vern Chalfant described the merger as part of the firm’s long-term growth strategy, with MYI seeking to expand in certain key markets both organically and through acquisitions.

Airclaims Chief Executive Officer Mark Hunter welcomed the move, which offered the firm an appetite for growth, commitment to service and scalability.

 

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