Jelf acquisition develops its insurance claims proposition

Jelf has announced the acquisition of Worcester based Claims Consultants and Chartered Loss Adjusters, Hamilton Bond Group Ltd.  This acquisition will give Jelf’s insurance staff direct access to market leading technical and consultancy skills in the field of claims.   

For Hamilton Bond’s clients it will be business as usual. Graeme Monce and his team, including six qualified Chartered Loss Adjusters, will continue to provide all of their existing services to the whole of the market – both Jelf clients and those of other insurance brokers.

Hamilton Bond, which was formed in 2004 by Graeme Monce (ACII, ACILA), provides specialist Claims Consultancy Services to assist and support insured clients and their brokers primarily in relation to material damage and business interruption claims.  The company works with a broad range of insured clients nationwide, either through direct engagement after a loss event, or where the client has purchased loss recovery insurance cover through Lorega Limited.  Hamilton Bond also provides specialist loss adjusting services to insurers for woodland and forestry related insurance claims.

Jelf has established a long standing relationship with Hamilton Bond and over a number of years has successfully referred many of its clients who have suffered significant insured losses. 

Commenting on the acquisition, Jelf’s Chief Executive, Alex Alway, said: “Jelf’s strategy is to ensure the delivery of excellent client service.  This acquisition, which is a direct response to the challenges for brokers presented by the Insurance Law Act (2015), aims to build on a very successful existing relationship between two highly qualified businesses.  Our ambition is to ensure outstanding claims management for clients.  This partnership gives us the expertise to deliver on this aspiration”.

Chief Executive of Jelf Insurance Brokers, Phil Barton, said: “Having worked closely with Hamilton Bond for many years, we are delighted to welcome Graeme and his team to the Group.  This move will bring specialist capability to Jelf that will add real value for our clients during what can undoubtedly be one of the most challenging, critical incidents they will experience”.

Graeme Monce, Managing Director of Hamilton Bond added: “Joining Jelf is a completely natural step for our business, having developed a constructive and beneficial working relationship together over the years.  We look forward to continuing to deliver high quality consultancy skills and service to an increasing number of clients at their moment of truth”.

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