Latitude Subrogation Services, LLC (LSS), a subrogation services and solutions provider for insurers, self-insured entities, third-party administrators (TPAs), and specialty risk companies, recently acquired acquired Columbus, Ohio-based InspectionConnection, LLC (IC), a full-service appraisal company specializing in heavy equipment, such as construction vehicles, tractors and trailers, and farm machinery.
Since 1997, LSS has provided comprehensive subrogation recovery and salvage administration support in all 50 states and throughout Canada to property and casualty insurance organizations, including mutual companies, captives, self-insured entities, and managing general agencies.
The acquisition of IC expands the geographic reach of LSS and the company’s ability to handle specialty claims and unique auto estimates. Further, through this acquisition, LSS will now offer audits of repair estimates, tow and storage bills, rental information, and advance charges to ensure indemnity accuracy by insurers, TPAs, independent appraisers, and repair facilities.
Source: LSS
Topics Mergers & Acquisitions Ohio
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