With a portfolio spanning forensic accounting, fraud investigations, and business interruption claims, Melbourne-based Property & Forensic Assessing (PFA) has been acquired by McLarens to support increasing demand for technical loss adjusting in construction and commercial property sectors.
PFA was founded in 2017 and has worked with clients across the insurance, government, retail, and industrial sectors. The firm’s service lines include construction claims, casualty assessments, financial loss evaluations, and forensic investigations.
The team will now operate from McLarens’ Melbourne office.
PFA's founding principal Terry Hogan joins McLarens as executive loss adjuster and forensic accountant. He will report to Martyn Wicht, managing director for McLarens APAC.
“Terry and his team are a fantastic fit for our business. Like us, PFA has a collaborative style that will complement our culture and the high-quality offering that we provide for our clients,” said Wicht.
Hogan said that McLarens Australia continues to grow in both scale and service capability.
McLarens Australia was re-established in 2014 and reached its 10th year of operations in 2023. Since re-entering the market with a single staff member, the company has expanded to more than 130 personnel operating across nine locations.
Initially focused on property claims, McLarens Australia has since developed a wider service range. This includes strata, high net-worth, construction and natural resources, casualty, marine, and forensic accounting. The addition of PFA aligns with the company’s focus on expanding its capacity in complex and specialist claims.
How do you see this development influencing the claims services landscape in Australia? Share your thoughts in the comments.