McLarens has acquired Lloyd Warwick International, a London-based oil and energy specialist loss adjuster that is jointly owned by its employees and Crawford & Company, for an undisclosed amount.

The global loss adjuster calls the purchase a “strong strategic fit” for the business, as it looks to strengthen its offerings in natural resources verticals. Lloyd Warwick has a team of nearly 50 adjusters serving clients through a global network of offices including in Australia.

Lloyd Warwick will merge with McLarens’ Natural Resources specialties services and keep its head office in London.

The combined group will continue to conduct business under the Lloyd Warwick brand and will be led by Chairman Joe McMahon.

“The company has a leading reputation in the energy and oil market internationally, which will transform McLarens’ footprint in the natural resources sector,” McLarens CEO Gary Brown said.

“Together, we will advance our strategy of offering a broader depth of loss adjusting and technical services, a wider range of insurance consulting solutions, and an enhanced ability to serve major complex claims in the onshore and offshore energy market.”