"All the branding is effective Aug. 1," he said. And the only thing remaining is "lawyers and accountants finalizing due diligence on the merger."

The merged firms said that by functioning as one company, McLarens Young International is better positioned to deliver the expertise of its worldwide network of loss adjusting and claims management services to a global insurance and risk management marketplace.

McLarens Young International said that with 130 offices in more than 70 countries, it is the only worldwide loss adjusting company owned by its employees.

"The full integration and merger of our two companies reflects our commitment to delivering long-term value to our clients on a global basis," said Mr. Chalfant.

Peter Tinsley, chief executive of McLarens International Group Ltd., said that the firms "were greatly aided by the fact that both companies are employee-owned with similar corporate cultures and complementary organizational structures, employing some of the leading practitioners in the field.

"Our merger creates a world-class organization that combines global reach with the ability to respond individually to our clients needs.''

McLarens Young International provides loss adjusting, claims management, pre-risk and damage survey services.