July 28, 2017 9:19 AM ET

Internet Software and Services

Company Overview of Sedgwick Claims Management Services, Inc.

Company Overview

Sedgwick Claims Management Services, Inc. develops and operates a cloud based platform that provides technology-enabled claims and productivity management solutions to businesses in North America. The company specializes in workers’ compensation; disability, FMLA, and other employee absence; managed care; general, automobile, and professional liability; property loss adjusting; warranty and credit card claims services; fraud and investigation; structured settlements; Medicare compliance solutions; and forensic investigations. Its workers' compensation solutions include state fund and group rating, Texas non-subscriber, and maritime and longshore. The company also provides liability solutions...

1100 Ridgeway Loop Road

Suite 200

Memphis, TN 38120

United States

Founded in 1969

Phone:

901-415-7400

Fax:

901-415-7406

Key Executives for Sedgwick Claims Management Services, Inc.

Chief Executive Officer and President
Chief Financial Officer
Age: 54
Chief Operating Officer
Chief Legal Officer and Executive Vice President
Age: 52
Executive VP of Disability & Absence Management and National Director of Disability Operations
Compensation as of Fiscal Year 2017.

Sedgwick Claims Management Services, Inc. Key Developments

Sedgwick and Accolade Introduce Innovative Whole Health Solution

Sedgwick has partnered with Accolade to launch its new whole health solution. The proprietary program links Sedgwick's experience and expertise in workers' compensation, leave of absence and disability with a trusted health assistant to circumnavigate workers' compensation, disability, leave of absence, job accommodations and health benefits. The whole health model is designed to ensure the physical, emotional and financial health of clients' employees and their family members, who may otherwise struggle to access the resources they need in cases of injury, illness or the birth or adoption of a child. With the whole health solution, each member of an employer's health plan is assigned a dedicated health assistant, who works with Sedgwick's claims management and clinical experts to guide the employee through the entire process. The health assistant not only supports an employee and their family towards receiving high-quality care, but also prepares them for returning to work following an absence. Together, the companies are adding significant features to the Accolade and Sedgwick platforms to give people the support they need in navigating the complexities of healthcare and related leave programs.

Sedgwick Claims Management Services, Inc. Plans to Expand Corporate Headquarters in Memphis

Sedgwick Claims Management Services, Inc. officials announced that it will expand its corporate headquarters in Shelby County. Sedgwick will invest $34 million and create 150 new high-quality jobs in Memphis. Sedgwick has been a valued member of the Memphis community for many years, and when a company like this chooses to expand in state, it shows how focused Tennessee is on making sure existing businesses have room to grow and excel. The 150 jobs that Sedgwick will create will stem from a technology and product development initiative. With this expansion, Sedgwick will consolidate its headquarters into a single campus in Shelby County and locate R&D functions at the site. Sedgwick has made an investment in an innovation lab focused on developing technology for next-generation claims management models centered on the needs of the client and the claimant. By redesigning the claims management process, the company would not only improve the client and claimant experience, but also give its colleagues a more meaningful work experience.

Sedgwick and Vericlaim to Expand Operations in Canada; Announces Executive Changes

Sedgwick and its subsidiary Vericlaim announced that they will expand their services available in the Canadian market. In addition to Sedgwick's existing third-party administration (TPA) operations, the companies will offer high-quality claims administration and adjusting services designed to meet the specific needs of the Canadian market in the areas of property, liability, auto and niche industries. Michael Holden and Terry Deamer are leading the companies' Canadian expansion. Holden has been appointed president, and Deamer will serve as senior vice president of operations. During their extensive careers, Holden and Deamer served as CEO and CFO, respectively, of Granite Claims Solutions, working hand-in-hand to transform Granite from a small business into a leading national Canadian provider.

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