OMC Claims, the leading firm of Loss Assessors in Ireland, providing expert advice and advocacy to policyholders and insurance brokers has been acquired by Fexco Group, the global fintech and business services company.
OMC Claims will leverage Fexco’s expertise in Business Services across Managed Services, Property Management, and Information Technology to strengthen their offerings, readily adapt to the transformative changes in the claims market and continue to deliver best-in-class outcomes for their clients.
As part of the Fexco Group, OMC Claims will be well positioned for further expansion both domestically and internationally.
OMC Claims offers services to both broker and non-broker channels of business. It focuses not only on core claimant advisory and support but has expanded its offerings to provide an end-to-end claims service for Insurance Brokers, improving client outcomes, experience and reducing cost to serve.
John O’Donoghue, Managing Director of OMC Claims, said, “This alliance with Fexco Group of Companies is a significant milestone for our company. We have always had the ambition to grow and offer our expertise to a wider audience, and this move will help us scale our business and reach more clients. We are confident that with the support of the Fexco family, we can continue to deliver the best possible advice and advocacy to policyholders and insurance brokers alike.”
Commenting on the acquisition, Neil Hosty, CEO of Fexco Group said, “We are delighted to welcome OMC Claims to the Fexco Group. The expertise of the OMC Claims teams in the loss assessing sector will be a valuable addition to our Group, and we look forward to working together to grow the business leveraging the reach and expertise of the Fexco Group.”
Founded in 1985, by Des Owens, the company has grown to a nationwide network of the best qualified assessors, servicing policyholders and other connected businesses such as insurance brokers. With offices in Kerry, Cork and Dublin and providing the best blend of expertise and advocacy, OMC Claims is recognised by the insurance market as being leaders in their profession, with acknowledged experts, making it Ireland’s dominant firm of Loss Assessors.
OMC Claims is currently regulated by the Central Bank of Ireland for provision of insurance intermediary services in Ireland.