Vanguard Claims Administration, which provides third-party administration (TPA) services in the property and casualty (P&C) insurance sector, has secured funding from Jordan Partners to further develop its technology-enabled claims management solutions.

With support from Jordan Partners, Vanguard plans to advance its technology systems, enhance data reporting capabilities and upgrade client-focused infrastructure.  

The collaboration will also support a plan to acquire other founder-led TPA and independent adjuster (IA) companies to build a more scalable operation. 

Jordan Partners co-founder and partner Gordon Green said: “Vanguard represents exactly the type of business we seek to partner with – an exceptional founder-led platform with a high integrity culture, deep client relationships and clear opportunities for scalable growth. 

“Their combination of service intensity and operational discipline positions them at the forefront of the TPA and IA markets. We are honoured and excited to partner with the Vanguard team to support their next phase of growth, expand their national footprint, and help provide a lasting home for founder-owned businesses seeking a thoughtful and aligned succession solution.” 

Vanguard Claims Administration serves Lloyd’s of London markets as well as US-based insurance providers.  

Vanguard’s platform delivers TPA and independent adjusting services for a variety of clients including managing general agents, P&C carriers, risk retention groups, Lloyd’s syndicates and self-insured groups across the US. 

Vanguard stated that its combined TPA and IA platform is supported by ongoing investment in technology and compliance measures.  

Jordan Partners claimed that its value-creation approach is based on automation, acquisition of compatible businesses, and operational improvements to support higher margins and continued expansion. 

Vanguard Claims Administration CEO and president Brian Gilliam commented: “Jordan understands the balance between investing in scalable infrastructure and preserving the service-first approach our clients have come to expect.

“With Jordan’s strategic support, we will continue to enhance our technology and reporting capabilities, expand our client service teams, and thoughtfully grow our platform through acquisitions without compromising the personal approach that defines Vanguard.”