Norway-listed consultancy AqualisBraemar has launched an international recruitment drive to ramp up its adjustment business.

The combined company was formed in June after it bought three of UK shipbroker Braemar's technical businesses.

Now it has revealed an expansion plan involving all aspects of the oil, gas, power and shipping sectors.

It specialises in the investigation and resolution of insurance claims and commercial disputes, offering loss adjusting, expert witness and risk assessment services.

“While general activity levels in the energy and marine industries tend to fluctuate with the oil price and other parameters, a growing world economy continues to increase the total amount of industrial assets in operation," said Geoff Jones, group managing director of AqualisBraemar’s adjusting business.

"The latter tends to translate into an increase in disputes and insurance claims, which is where we play an important role for our clients.”

More work available

The company has its sights set on adding "several" new faces in London and Singapore, as well as increasing the size of teams in the US, Mexico and United Arab Emirates.

The total number of hires will depend on the level of qualified personnel available, it added.

“There is available work in the market and hiring new personnel will allow us to serve both existing and potential new clients even better,” said Jones.

Charles Honner, currently a director in AqualsBraemar’s adjusting team in Singapore, has been appointed to lead the group’s adjusting division in the Americas from 1 January.

He will be based in Houston.

The group operates in in 33 countries.