Allied Universal, a US-based security and facility services provider, has acquired Australian property loss adjustment company Aim Insurance Services.
Aim will now operate as part of Allied Universal Compliance and Investigations, the global claims services business unit of Allied Universal.
Aim Insurance Services specialises in providing insurance claims services to policyholders, focusing on maintaining and improving relationships between insurers, the insured and brokers, Security Sales & Integration reported.
Allied Universal CEO Steve Jones said: “This acquisition aligns with Allied Universal’s growth strategy and commitment to providing comprehensive claims support services to insurers and third-party administrators globally.
“As we continue to expand our presence internationally, the acquisition of this market-leading business expands the value of our insurance claims services we offer to the customers and communities we serve in Australia.”
Aim co-founder Mark Green stated: “We are thrilled to join forces with Allied Universal. This partnership provides us with access to expanded resources and expertise, enabling us to further enhance our services offerings and deliver even greater value to our clients.”
Allied Universal Compliance and Investigations Australia managing director Kieran Milne said: “Renowned for its industry leadership, product quality and customer service, Aim Insurance Services is a perfect fit, as Allied Universal further expands its already-strong ProAdjuster capabilities in the property claims sector.” Security Systems News reported.
Aim Insurance Services co-founder Alison Burns-Green added: “This is an exciting opportunity to combine the strengths of two industry leaders. We are confident this acquisition will create new possibilities and deliver exceptional results for our customers.”
Between 2022 and 2024, Allied Universal has been on a purchasing spree, completing 24 acquisitions, 15 in North America and nine internationally.
It follows the acquisition of ten companies in 2021, including the takeover of G4S.
“Allied Universal buys Aim Insurance Services ” was originally created and published by Life Insurance International, a GlobalData owned brand.
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