Charles Taylor Adjusting, a provider of claims solutions to the global insurance market, has acquired Peru-based Herrera DKP, a loss adjusting firm for the Latin American market.
Founded in 1990, Herrera DKP offers services and claims management expertise across Fire and related lines, Engineering Insurance, Civil Liability, General Risks as well as Marine both in Transportation and Hull and Machinery.
Charles Taylor Adjusting says the acquisition will enable it to further strengthen its presence in Peru specifically and Latin America more broadly, while also its capabilities across a number of key business lines and adding to its existing businesses in Peru, Chile, Colombia, Brazil and Mexico.
The Herrera DKP leadership team will continue to run the business, collaborating with and reporting into Martín Bereche, CEO of Charles Taylor Adjusting Peru.
“We’ve achieved tremendous growth in the Latin American market in recent years, and the acquisition of Herrera DKP is yet another major milestone in our global expansion strategy,” said Felipe Ramirez, Regional Head, Latin America, Charles Taylor Adjusting.
Martín Bereche, CEO of Charles Taylor Adjusting Peru, also commented: “Herrera DKP’s localized expertise combined with Charles Taylor Adjusting’s global resources and network represents a perfect formula for success.”
“Together, we will be able to deliver an expanded range of services to clients, including advanced technological tools, and capitalize on the many opportunities that have opened up in the Latin American market.”
Luis Herrera, Executive at Herrera DKP, added: “Joining the Charles Taylor family marks an incredibly exciting new chapter for Herrera DKP and our clients. We have always been committed to providing best-in-class service, and with added resources behind us following the acquisition, we are poised to continue building on our successes long into the future.”