Vanguard Claims Administration Acquires Gibson & Associates

Vanguard Claims Administration acquired the business of Gibson & Associates Professional Claims Management.

Gibson & Associates is a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. Its claims work includes general liability, professional liability, auto liability, REO, investor-owned property, outdoor activity liability and construction defect.

Benjamin A. “BJ” Joplin, Gibson’s principal, is joining Vanguard as senior vice president of its third-party administration division, where he will lead the general liability team. All Gibson employees are joining Vanguard.

Gibson will continue operating under the Gibson & Associates name during a transition period while client agreements are moved to Vanguard. Clients will keep their current adjusters, claims contacts, reporting and service standards, according to an announcement from the companies.

The deal closed Oct. 30.

Vanguard, headquartered in Woodbury, New Jersey, is a family-owned claims services provider that handles daily and catastrophe field adjusting, third-party administration and subrogation recovery across all 50 states. Much of Vanguard’s work is commercial property, with other work involving residential, coastal and transportation exposures.