AUB acquires stake in Claim Central Group
Claim Central Group says AUB has become a new investor and its representatives will join the board following recent capital raising activities.
CEO and Founder Brian Siemsen says Claim Central welcomes the opportunity to partner with a long-standing and well-regarded industry participant.
The funding will enable Claim Central to invest further in the Wilbur technology business, as well as continue to grow the Property and Hello Claims businesses across Australia and New Zealand.
Sydney-headquartered Claim Central started in 2000 and has offices in the US, New Zealand and South Africa.
Its claim services businesses manage the restoration, assessment and repair process for property and motor under the brands Claim Central Property, Hello Claims and Helio Restoration. In addition to Wilbur, it also offers the Livegenic platform.
AUB Group CEO Mike Emmett says the investment brings the opportunity for a strong strategic partnership with Claim Central, including across strata and the expansion of the Wilbur Claims Manager platform into the Austbrokers network.