vrs Adjusters
vrs Adjusters is a global network of independent loss adjusting firms providing corporate and commercial insurance claims management to insurers, reinsurers, Lloyd's syndicates, brokers, and risk managers across 120+ countries via 300+ partner offices and 2,500 specialists.
- Company typePrivate
- Founded2013
- HeadquartersChicago, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What vrs Adjusters does
vrs Adjusters is a privately held global network of independent loss adjusting and claims management firms, incorporated in Delaware in 2013 and operating across approximately 120 countries through 300+ partner offices and roughly 2,500 specialists. The organization provides independent loss adjusting and claims management services to the international insurance market — insurers, reinsurers, Lloyd's syndicates, brokers, and corporate risk managers — focused on corporate and commercial insurance claims. It self-positions as a Top 3 global corporate and complex loss adjusting organization, generating approximately €250 million in global revenue.
The service portfolio spans 19 distinct lines of business, including Property and Business Interruption, Liability/Casualty, Professional Indemnity, Construction and Engineering, Marine, Financial Lines, Aviation, Environmental Losses, Power, Energy: Oil & Gas, Contingency, Agriculture/Forestry/Livestock, Fine Art/Specie, Film & Media, and Mining, complemented by add-on TPA Claims Management and Litigation Support. The technology layer consists of a web-based claims reporting platform with a 24/7 client portal delivering bespoke Management Information reporting, and a Video-Expertise Software tool for remote desktop inspections. Underlying delivery is a federated network model in which equity-holding partner firms — including Engle Martin (US), QuestGates (UK & Ireland), DNZ (China), C. Gielisch (Germany, est. 1918), vrs Vering (France), vrs ANA (Australia), vrs Mestari (Malaysia), and vrs Lengkeek (Netherlands) — provide local expertise under the vrs brand, with regional hubs in Singapore (APAC), Vienna/Brunn am Gebirge (Europe), Miami (US operations), and a London Market Representative office serving Lloyd's.
The business model is B2B professional services delivered on a quote-based, per-engagement pricing model with multi-year contracts, with revenue derived from professional fees for loss adjusting plus managed services revenue from TPA claims handling. Go-to-market is enterprise field sales and direct engagement through a dedicated London Market Representative, supplemented by partner-led regional business development and presence at industry events such as RIMS, FERMA Forum, and AMRAE. Distribution runs through the partner network itself — each partner firm is the primary channel in its territory — coordinated centrally through the vrs Adjusters LLC parent, with catastrophe response provided by a dedicated Global CAT Team claiming 24-hour average deployment across 140+ countries.
vrs Adjusters firmographics
Firmographics- Name
- vrs Adjusters
- Legal name
- vrs Adjusters LLC
- Website
- https://vrsadjusters.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- vrs Adjusters is a global network of independent loss adjusting firms providing corporate and commercial insurance claims management to insurers, reinsurers, Lloyd's syndicates, brokers, and risk managers across 120+ countries via 300+ partner offices and 2,500 specialists.
- Ownership category
- akta.pro rank
Where vrs Adjusters is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
vrs Adjusters business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Loss Adjusting Services: Professional fees from loss adjusting services for corporate and commercial insurance claims across multiple lines of business including property, liability, marine, aviation, construction, energy, and specialty lines.
- Claims Management Services: Third Party Administrator (TPA) services providing desktop claims management to reduce costs and achieve optimal results for insurers and insureds.
- Expert Witness and Litigation Support: Expert reports and court testimony services for cases involving insurance policies or commercial disputes that are not resolved informally.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional loss adjusting services for insurers and corporate clients |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
vrs Adjusters product offering
Product offeringCore offering
vrs Adjusters is a global network of independent loss adjusting companies providing independent loss adjusting and claims management services to the international insurance market. Core offerings span 19 lines of business including property, liability, marine, aviation, construction, engineering, energy, financial lines, and specialty claims, plus Third Party Administrator (TPA) desk-based claims management with 24/7 client portal access. Services are delivered to insurers, reinsurers, brokers, and risk managers through 2,500 locally-embedded experts across 120+ countries.
Product overview
vrs Adjusters is a top 3 global corporate and complex loss adjusting and claims management organization offering a comprehensive suite of insurance claims services. The core portfolio includes 19 distinct service lines spanning Property and Business Interruption, Liability/Casualty, Professional Indemnity, Construction and Engineering, Marine, Financial Lines, Aviation, Environmental Losses, Power, Energy: Oil & Gas, Contingency, Agriculture/Forestry/Livestock, Fine Art/Specie, Film & Media, Mining, and Complex and Major Loss. Additional services include TPA Claims Management (Third Party Administrator desk-top claims management with 24/7 client portal access) and Litigation Support (expert witness services). The Global CAT Response Team provides dedicated catastrophe response across 140+ countries with rapid deployment capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Complex and Major Loss Large losses demand a swift and coordinated response with experienced loss adjusters on site within hours, assigned a team aligned to the size and complexity of the claim. Service is for insurers, reinsurers, and corporate clients handling major and complex insurance claims.
- Property and Business Interruption Leading practitioners handle large and high-profile property claims, employing experts including accountants, engineers, surveyors and investigators for specialist input on causation, fraud screening, quantum evaluation, and catastrophe response. Service is for insurers and corporate insureds.
- Liability / Casualty Global reach enabling management of claims with cross border exposure across employers liability, public liability, product guarantee/recall, workers compensation, catastrophic injury, disease, environmental, professional indemnity, and fraud investigation. Service is for insurers and reinsurers.
- Professional Indemnity Deals with professional indemnity matters for financial professionals including accountants, financial advisors, brokers and others, seeking to crystallize liability position through liaison with all parties. Service is for insurers and corporate clients.
- Construction and Engineering Specialist multi-disciplinary skills providing claims services on contract works, plant, additional cost of working, third party liability, plant/engineering all risks, machinery breakdown and sudden and unforeseen damage. Service is for insurers and construction/engineering industry clients.
- Marine Experienced surveyors and marine loss adjusters with in-depth insurance knowledge in marine cargo and freight forwarder's liability claims, providing cause investigations, loss assessment, recovery and salvage services. Service is for insurers, shipowners, and cargo owners.
- Financial Lines Dual qualified adjusters and accountants handle business interruption losses with pro-active involvement in quantum analysis, and fidelity guarantee handling for employee theft claims. Service is for insurers and corporate clients.
- Aviation Aviation specialists knowledgeable in both economic and technical aspects of aeronautical claims including airline economics, maintenance and repairs, handling material damage, business interruption, consequential damage and civil responsibility. Service is for insurers and aviation industry clients.
- Environmental Losses Expert knowledge in contaminated land regime, emergency response to contamination incidents, access to geotechnical engineers, geologists and hydrologists, and regulatory framework advisory services. Service is for insurers and corporate clients.
- Power Handles material damage, DSU, BI and liability claims during generation and distribution of all forms of electrical power including hydraulic, eolic, photovoltaic, thermal solar, nuclear, combined cycle, cogeneration and biomass. Service is for insurers and energy companies.
- Energy: Oil & Gas Unrivalled expertise with experienced engineers, surveyors and accountants dealing with all categories of energy and engineering claims involving non-marine wells and rigs during construction and operational phases. Service is for insurers and energy companies.
- Contingency Loss adjusters available on site at a moment's notice for major events including sports, exhibitions, concerts and festivals, theatre productions, covering cancellation, abandonment, postponement and interruption. Service is for insurers and event organizers.
- Agriculture, Forestry, Livestock Specialist team of experienced loss adjusters and engineers handling material damage, BI and liability claims for forestry, crops, livestock, aquaculture and equine claims. Service is for insurers and agricultural clients.
- Fine Art, Specie Partners count art historians and specialists for assessment of damage to paintings, sculptures, jewellery, ceramics, porcelain, silver, furniture and collectibles, evaluation of restoration prospects and depreciation. Service is for insurers and collectors/owners.
- Film & Media Specialist team handles investigations, claims handling and certification covering film material, equipment, cast, property damage extra expenses, production liability, props, image, sound, data units, event and shortfall and completion bond consulting. Service is for insurers and film/media production clients.
- Mining Challenging claim discipline handling complexities due to specialized technical terminology, high value machinery and equipment, challenging global loss locations and sophisticated commodity market driven loss of revenue scenarios. Service is for insurers and mining industry clients.
- TPA Claims Management Professional global desk-top claims management service enabling clients to reduce cost of claims, settle fairly and quickly, avoid claims leakage, with 24/7 client portal access and tailored Management Information reporting. Service is for insurers, self-insured organizations, and risk managers.
- Litigation Support Expert reports and expert witness services in Court when cases are not resolved informally, with adjusters acting for both claimants and defendants in insurance policy or commercial disputes. Service is for legal professionals, insurers, and corporate litigants.
- Global CAT Response Team Global catastrophe response team spanning 140+ countries with 24-hour average deployment, multi-disciplinary teams with local expertise, and 24/7 availability for hurricanes, floods, earthquakes, wildfires and civil unrest. Service is for insurers, reinsurers, and corporate clients.
Quantifiable outcome
- 24-hour average deployment for catastrophe response
- +2 more outcomes
Companies that use vrs Adjusters
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
vrs Adjusters technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
vrs Adjusters partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and minor.
- Century Independent Loss Adjusters Sdn. Bhd.coreStrategic partnership with leading Malaysian loss adjusting firm established in 1983, operating under Insurance Act 1960 and Takaful Act 1984. Provides comprehensive end-to-end claims management services across Motor and Non-Motor lines. Team of over 150 experienced technical professionals with dedicated call centre and extensive branch network. Strengthens vrs Adjusters' presence in Southeast Asia.
- vrs Lengkeek (Netherlands)coreComprehensive loss adjusting and valuation service in commercial corporate market. Specialists in loss adjusting and valuation. Based in Rotterdam with offices in Amsterdam, Zwolle, Eindhoven. Known for high-impact events and moving forward perspective.
- vrs Mestari (Malaysia)coreOne of the largest loss adjusting companies serving Malaysian insurance industry with over 280 people across 12 offices. Aims to be first-choice provider of loss adjusting services in Malaysia and the region. Handles more than 50,000 claims annually. Contributed to increasing availability of services and global presence.
- vrs Godfreys (New Zealand)coreEstablished in 1999, one of New Zealand's largest commercial loss adjusting firms specializing in large, complex commercial claims. Manages uninsured or below-excess losses for self-insured organisations. Managed Services division handles TPA for Property, Liability and Motor. Nationwide coverage from Auckland, Hamilton, Napier, Wellington, Christchurch, Dunedin, and Queenstown.
- vrs JPL Loss Adjusters & Surveyors (Myanmar) Co., LtdcoreFounded in 2014. Handles broad spectrum of non-marine and marine classes including Property, Casualty and Marine (Cargo, Hull & Machinery and General Average). Known for expertise in catastrophic claims from Flood, Windstorm, Earthquake and Marine losses.
- Engle Martin & Associates (USA)coreLeading national independent loss adjusting and claims management provider in the US, founded in 1997. Operates with 70 offices and 650+ employees, based in Atlanta, Georgia. Offers loss adjusting in commercial property, inland marine/cargo, commercial liability, construction/builders' risks, and power & energy. Provides TPA services for property, inland marine, casualty, and transportation claims.
- QuestGates Limited (UK & Ireland)coreUK leading independent specialist loss adjuster operating from 14 offices across the UK, headquartered in Birmingham. Award winning reputation for innovation and high quality technical loss adjusting in property, liability, motor, environmental, subsidence and counter fraud. Also offers specialist services for entertainment, advertising and motor sport industries.
- DNZ Loss Adjusters and Surveyor Co., Ltd (China)coreApproved by China Insurance Regulatory Commission (CIRC), founded in Shanghai in 2004. Offers services in 35 Chinese cities including risk management consulting, inspection, evaluation, risk assessment, loss adjusting, onsite surveys and investigation. Manages Non-Marine & Marine losses for Property, Liability, CAR/EAR, P&I/H&M.
- vrs Vering (France)corePart of Adenes network, major player in France developing activities in industrial risk with specialists in building, machinery and accounting for property and casualty claims. Offers TPA, dedicated IT programs and data collection. Also services Monaco and Corsica from offices in Paris, Lyon, Bordeaux, Metz, Nice, Toulon, Nantes.
- C. Gielisch GmbH (Germany)coreLeading firm of independent surveyors and loss adjusters in Germany, celebrating 100 years since 1918. Third generation family ownership managed by Claus Gielisch. Around 70 highly qualified surveyors and loss adjusters. 15 offices throughout Germany plus branch offices in Poland and Hungary covering Czech Republic, Romania and Slovakia.
- vrs ANA Chartered Loss Adjusters (Australia)coreAustralian Network Adjusters Pty Ltd formed in Oct 2000. 35 network partners across Australia offering general and specialist adjusting services. National management structure with uniform reporting and service standards. 7 offices including Brisbane, Melbourne, Hobart, Adelaide, Perth and regional locations.
- vrs VietAdjusters JSC (Vietnam)coreLeading independent loss adjusting firm in Vietnam, recognized internationally with The Adjuster of the Year – Vietnam and The Best Adjuster – Vietnam awards. Strong team of 33 highly qualified loss adjusters. Handled largest fire loss and largest typhoon-related loss (Typhoon Yagi) in Vietnam's history. Headquartered in Ho Chi Minh City with offices in Hanoi and Da Nang.
- vrs RTS (Spain)coreSpanish partner providing loss adjusting services, frequently cooperating with CCS (Spanish Insurance Compensation Consortium) for CAT situations. Teams of specialists deployed for flood and storm events.
- vrs BA Insight International (Philippines)coreFounded in 1991, one of the largest international loss adjusting companies in the Philippines. Provides extensive services for property, engineering, casualty, motor, marine and aviation claims. Staff of 60 people with management team of 15. Offices in Makati (HQ), Cebu, and Davao.
- vrs Uchiyama Loss Adjusting Co., Ltd (Japan)corePioneer independent loss adjusting firm in Japan established in 1935, member since 2011. Largest member of LAAJ (Loss Adjusters Association of Japan) which is part of IFAA. Over 100 qualified adjusters. Handles property damages with rapid survey and adjustment services including on-site, document-based, and disaster dispatch.
- vrs Metcalfe & Hodkinson (Pvt) Ltd (India)coreFounded in Mumbai in 1885, provides adjusting and surveying services to insurers worldwide. Handles property, business interruption, marine including hull, engineering, construction, liability claims. Staff of 250 people in all major ports and cities including Delhi (HQ), Mumbai, Kolkata, Chennai, Hyderabad and others.
- vrs Alacc - Associated Loss Adjusters (South Africa)coreEstablished in 1983 in Johannesburg, one of South Africa's leading independent loss adjusting firms. Specializes in investigation, evaluation and adjustment of short-term insurance claims, reinsurance and insurance audits. Services insurers, intermediaries, underwriting agencies, attorneys and Lloyd's syndicates throughout African continent including Madagascar, Mauritius, Reunion, Comoros, and Seychelles.
- vrs Galram Surveyors & Adjusters Ltd (Israel)coreFounded in 1979 by Capt. Yoram Golan. Largest loss adjusting firm in Israel with 14 staff in 3 branches in Ashdod, Haifa and Eilat. Also founder of Eurogal Surveys Ltd serving Russia, Ukraine, Cyprus and Kazakhstan.
- vrs P.T. Prima Adjusterindo Mandiri (Indonesia)coreEstablished in 2004 in Jakarta to handle technical and complex claims. Over 25 adjusters handling marine, Heavy Equipment, Telecommunication, Property losses. Major Loss team specializes in Power/Energy (Generation, Transmission, Distribution) and Industrial Manufacturing.
- vrs SSP Adjusters (Poland/Eastern Europe)coreLoss adjusting office opened in Poland in 2004. Specialises in liability, property, marine, construction & engineering. Croatia office opened in 2010. Team of 130 people handling about 9,000 claims/year. Also services Slovenia, Serbia, Bosnia and Herzegovina, Montenegro and Kosovo.
- vrs Experteam (Greece)coreGreek partner providing loss adjusting services, available for catastrophe response including earthquake events.
- vrs Bilgisin AS (Turkey)coreFirst independent Average Agency and Loss Adjusting Company in Turkey established in 1963. Receives marine survey, claims handling and adjustment of hull/machinery, cargo losses, and non-marine claims. Offices in Ankara, Aliaga, Izmir, Mersin, Iskenderun, Bandirma, Dilovasi/Gebze and Trabzon. Also services Armenia and Azerbaijan.
- Vering Italia S.p.A.coreHandles property, BI, liability, engineering, natural and industrial disasters claims for main insurance and reinsurance companies. Offices in Genova, Vicenza, Roma, San Benedetto del Tronto. Also services San Marino and Malta.
- Swiss Claims Service GmbH (Switzerland)minor35 years experience in loss adjusting with 4 employees. Specialises in marine cargo, national and international freight law, general liability and property claims, accident and illness cases.
- vrs RTS (Venezuela)coreLocal partner in Venezuela providing ground operations combined with international loss adjusting standards for earthquake response and catastrophe claims.
Scale indicators9 records
Recent moves6 records
vrs Adjusters competitors and assessment
Company assessmentDirect peers
- McLarens: Global independent loss adjusting firm serving insurance markets with property, casualty, marine, aviation, and energy expertise. Comparable network model with locally embedded adjusters and cross-border claims coordination.
- Davies Group: Global claims solutions and adjusting firm with insurance services including loss adjusting, TPA, and forensic accounting. Overlaps with vrs in serving insurers and corporate clients on complex claims across multiple territories.
- Charles Taylor Adjusting: Provider of loss adjusting and claims services as part of Charles Taylor Group, serving Lloyd's, London Market insurers and global corporate clients. Directly comparable to vrs in complex and major loss handling.
- Crawford & Company: Publicly listed global claims management and loss adjusting company with broad service lines including TPA, field adjusting, and CAT response. Directly comparable to vrs in serving insurers, reinsurers, and corporate clients across complex commercial claims.
- Sedgwick: The largest global independent claims management and loss adjusting firm, directly competing with vrs across property, casualty, marine, and CAT response. Sedgwick's scale, integrated TPA offering, and global adjuster network make it the closest direct peer.
Others
- Engle Martin & Associates: US-focused loss adjusting and claims management firm that is also a vrs network partner (vrs Engle Martin). Compares to vrs on US commercial property, inland marine, casualty, and TPA capabilities.
- QuestGates: UK-based independent loss adjuster and vrs network partner (vrs QuestGates). Direct overlap with vrs on UK and Ireland property, liability, motor, and specialist adjusting services.
Emerging players
- Pilot Catastrophe: Independent CAT response and claims management firm focused on large-scale catastrophe events. Comparable to vrs's Global CAT Response Team though narrower in scope of non-CAT adjusting.
- RGL Forensics: Specialist in financial lines claims, business interruption quantum, and forensic accounting for complex insurance claims. Overlaps with vrs's Financial Lines and Property/BI service lines rather than the full suite.
Regional players
- Cunningham Lindsey: Historic global loss adjusting brand now operating within Sedgwick following acquisition. Historically comparable to vrs on global corporate claims but largely folded into Sedgwick's broader platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
vrs Adjusters social profiles
Digital presencevrs Adjusters financial estimates
Financial estimateRevenue estimate
Valuation estimate
vrs Adjusters leadership team
Management profileNumber of profiles
Profiles13 records
vrs Adjusters subsidiaries and ownership
Company hierarchySubsidiaries3 records
vrs Adjusters funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
vrs Adjusters M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about vrs Adjusters
What does vrs Adjusters do?
vrs Adjusters is a global network of independent loss adjusting companies providing independent loss adjusting and claims management services to the international insurance market. Core offerings span 19 lines of business including property, liability, marine, aviation, construction, engineering, energy, financial lines, and specialty claims, plus Third Party Administrator (TPA) desk-based claims management with 24/7 client portal access. Services are delivered to insurers, reinsurers, brokers, and risk managers through 2,500 locally-embedded experts across 120+ countries.
Is vrs Adjusters a public or private company?
vrs Adjusters is a private company. It is classified as management employee owned and is currently operating.
When was vrs Adjusters founded?
vrs Adjusters was founded in 2013. It employs 1,001 to 5,000 people.
Where is vrs Adjusters based?
vrs Adjusters is headquartered in Chicago, United States, in the North America region.
How does vrs Adjusters make money?
Three revenue lines are on record. Loss Adjusting Services are the primary driver. The others are claims Management Services and expert Witness and Litigation Support.
Who are vrs Adjusters's main competitors?
Direct peers on record are McLarens, Davies Group, Charles Taylor Adjusting, Crawford & Company and Sedgwick. Others are Engle Martin & Associates and QuestGates. Emerging players are Pilot Catastrophe and RGL Forensics. Cunningham Lindsey is listed as a regional player.
Does vrs Adjusters have an API?
No public API is recorded for vrs Adjusters.