Claims Business: Sedgwick, CoreLogic, Davies

By Claims Journal staff | May 20, 2022
Sedgwick acquires Orchid Medical

Sedgwick has acquired Orchid Medical, a nationwide provider of ancillary medical management services for the workers’ compensation industry.

The Memphis, Tennessee-based claims administrator said in a press release that the acquisition represents an investment in the continued growth of Sedgwick’s ancillary care network, which provide durable medical equipment, transportation, translation, home health, and diagnostic imaging services to injured workers.

“This acquisition enables us to provide employers with a single point of service for a broad range of ancillary care needs while strengthening our workers’ compensation and managed care capabilities and our commitment to taking care of people when they need us most,” stated Andrea Buhl, president of managed care.

Orchid Medical, headquartered in Orlando, Florida, was founded in 2002 as a DME and medical supplies provider. The company now offers a wide array of ancillary services including surgical implants cost containment, DME and supplies, prosthetics and orthotics, home health, complex care, home and vehicle modifications, diagnostic imaging, physical medicine, and transportation and language services, Sedgwick said.

CoreLogic Collaborating with EagleView

Data analytics provider CoreLogic has teamed up with aerial imaging specialist EagleView to enhance its product offerings.

CoreLogic, based in Irvine, California, said it is discontinuing its SkyMeasure product line because of the partnership. The collaboration with EagleView, based in Bellevue, Washington, will incorporate measurements, property attributes and inspection capabilities through a single source.

“The extension of this integration with EagleView is part of a growing list of technology vendors our customers can instantly deploy into their workflows, delivering the agility and policyholder experience needed to win in today’s rapidly changing market,” stated Jesse Herrera, executive vice president for global product and operations at CoreLogic.

Lerk-Ling Chang, president of insurance for EagleView, said the collaboration will integrate her company’s measurement products in all of CoreLogic’s platforms, including digital solutions for the property restoration industry.

Davies Acquires Worksmart

Davies, a global claims administrator headquartered in London, has acquired Worksmart, a supplier of regulatory technology, known as regtech, for process management.

Worksmart products allow organizations to track and manage data from customer complaints and feedback, quality assurance, training and competence programs.

Worksmart, based in Milton Keynes, United Kingdom,helps financial industry to manage the growing complexity of operating within the highly regulated space, Davies said in a press release.

Through Worksmart’s platform, organizations can track and manage employees’ training needs, manage complaints using intelligent workflow and root cause analysis functionality, assess the quality assurance of advised sales processes using automated case allocation and test the competence of employees to ensure regulatory requirements are met, Davies said.

Worksmart will join Davies’ established technology unit, led by Chief Executive Officer Mark Grocott. The firm’s managing director, Andy Nightingale, will continue to lead the business, and all Worksmart employees will continue in their roles within Davies, the company said.

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