Arete Adjusting Launches Operations in North America

The company’s data-driven approach, end-to-end claims management and customized solutions are directed toward delivering more profitable, sustainable portfolios for underwriters in the North American logistics sector.

(Image credit: M Anink/Unsplash.)

Arete Adjusting, LLC (Denver), a third-party administrator (TPA) member company of insurance ecosystem +8 Partners (Hong Kong), has launched into the North American claims market.

Liam Richards, CEO, Arete.

Arete says it will utilize people, technology and its fellow +8 member companies to provide a comprehensive and insightful claims management service to the cargo and logistics insurance industry. The company says its data-driven approach, end-to-end claims management and customized solutions are directed toward delivering more profitable, sustainable portfolios for underwriters in the North American logistics sector.

“We are focused on ‘intelligent adjusting,’” comments Liam Richards, CEO, Arete. “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.”

Richards previously held senior positions at WK Webster Overseas Ltd. (London/New York) in the U.K. and U.S. Juliet Good is Arete’s vice president, with over 25 years of industry experience, 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,” comments Good.

Philip Bilney, Executive Chairman, +8 Partners.

Genuinely Intelligent Adjusting Solutions

“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,” comments Philip Bilney, executive chairman, +8 Partners. “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.”

Arete says it will work closely with Cornice Claims Associates to extend the +8 Partners platform and support its existing and fast-growing logistics insurance business in North America.

Inside Acuity’s Claims Excellence

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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