Nordic Loss Adjusting was acquired by Sedgwick.

Nordic Loss Adjusting, a Stockholm, Sweden-based provider of claims handling, loss adjusting and third-party administration services in the Nordics, announced getting into an agreement for being acquired by the UK-based Sedgwick.

Financial details of the deal were not disclosed. The transaction was made with the main owner of the company, MGA Insurance Holding AB.

Nordic Loss Adjusting, founded in 2010 by CEO Anders Dahlström, is an independent provider of claims handling, loss adjusting and third-party administration services in the Nordics. Its clients are insurers and captives in local Nordic and international markets. NLA handles property, liability, motor, bodily injury and medical expense insurance claims for consumer and commercial products.

The company has offices in Gothenburg, Stockholm and Oslo (Asker).

Sedgwick and NLA have highly complementary capabilities, geographic footprints and approaches to customer service in the region. Bringing the NLA business under the Sedgwick umbrella will enable the company to elevate service delivery in the Nordic market and establish a platform for continued growth in Europe and around the world.