Arete Adjusting establishes operations in North America

Arete Adjusting, LLC (Arete), a Third Party Administrator (TPA), and member company of insurance ecosystem +8 Partners, has launched operations the North American claims market.

By utilising people, technology, and its fellow +8 member companies, Arete plans to provide comprehensive and insightful claims management service to the cargo and logistics insurance industry.

Through its data-driven approach, end-to-end claims management and customised solutions, the organisation is committed on delivering more profitable, sustainable portfolios for underwriters across the North American logistics sector.

The company’s Chief Executive Officer, William “Liam” Richards, commented: “We are focused on ‘intelligent adjusting.’ Claims management is not just about navigating the complexities inherent in those claims, but today is about delivering pioneering insights that will redefine industry standards. Arete’s multi-node, cloud-based architecture “Crux©” and 360-degree data analytics will empower our clients with the tools to run sustainable, profitable portfolios.”

A highly experienced veteran across the sector, Richards previously held senior positions at WK Webster Overseas Ltd. in the UK and US.

Additionally, the company’s Vice President, Juliet Good, brings a deep level of expertise towards the company, boasting more than 25 years of industry experience, fully half of which was in marine and legal liability claims resolution for transportation intermediaries.

“Data-driven decisions lead to smarter outcomes for our clients, reinforcing the importance that sophisticated analytical tools play in claims resolution and overall portfolio profitability,” added Good.

Further, Philip Bilney, executive chairman of +8 Partners, said: “Arete catapults the TPA scene into a new era with the most imaginative and robust technology offering in the sector, an intelligent and nuanced offering epitomizing the philosophy of +8.

“Liam and Juliet are already well known to many of our clients, and their leadership and experience will provide the focus and commitment necessary for the delivery of genuinely intelligent adjusting solutions.”

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