Insurance giant snaps up Hull marine surveying and consulting firm
A Hull marine surveying and consulting firm has been acquired by European insurance giant Van Ameyde.
McAusland Turner: Marine Surveyors and Consultants has offices in Hull, Grimsby, Newcastle, Bristol, Burgess Hill and Ipswich. Van Ameyde said the acquisition would build on its strategy is to grow its regional UK business and to deliver a strong value proposition through an expanded international marine surveying network.
McAusland Turner is the oldest Marine Surveying and Consulting firm in continuous operation in the Port of Hull, having been established in 1888.
Van Ameyde said that McAusland Turner would provide Van Ameyde with “meaningful presence throughout the UK” and complements Van Ameyde’s existing Property and Liability TPA / Loss adjusting business of Woodgate and Clark in the UK.
The takeover, by means of a share transfer, has no consequences in terms of staff and management.
Albert Weatherill, Managing Director of McAusland Turner, said: “In fact, the company and its clients will benefit from Van Ameyde’s extensive marine surveying network. Thanks to our mutual vision of providing high-quality services to the marine insurance market, we uphold employment and growth.”
Bob de Bruijn, Board Member of Van Ameyde, added: “The acquisition is part of Van Ameyde’s strategy to expand its Loss-Adjusting & Surveying network. The UK being the largest marine insurance market, expansion of our marine surveying network to the UK is vital. In McAusland Turner, we have found the perfect match in terms of quality and identity.”
McAusland Turner will benefit from Van Ameyde’s access to the marine surveying markets on the Continent of Europe. The network currently covers the Netherlands, Belgium, Sweden, Denmark, Finland, the Baltic states, the Ukraine, Russia and Belarus. In addition, Van Ameyde will support sustainable growth and provide IT support.