CMT Releases Updated DriveWell Platform Cambridge Mobile Telematics, a Massachusetts company that pioneered the use of telematics in usage-based automobile insurance, has launched an updated product that reports crashes to insurers within seconds. CMT said DriveWell Crash & Claims allows …
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 …
Sedgwick Buys Housing Firm and Legal Administration Service Sedgwick has acquired two new subsidiaries: Temporary Accommodations, an Atlanta-based firm that finds temporary lodging for policyholders while their homes are being restored; and JND Legal Administration, which provides administration services for …
Davies Acquires IRS London-based international claims administrator Davies has acquired Insurance Risk Services. IRS, based in Lake Mary, Fla., conducts underwriting inspections for residential and commercial properties. The company operates a network of more than 1,000 field inspectors, Davies said …
Davies Acquires SKWeston and IAS Davies, an international claims management provider based in London, continued its expansion in the United States with acquisition of SKWeston & Co and IAS Claim Services. SKW, headquartered in Towson, Maryland, has been re-branded to …
Mitchell Adding QANI to Portfolio Mitchell | Genex | Coventry has agreed to buy QualCare Alliance Networks, a managed-care organization serving New Jersey, Pennsylvania and New York. San Diego-based Mitchell said in a press release that the purchase will strengthen …
CCC Names Chief Product Officer CCC Information Services appointed Shivani Govil as chief product offficer. She will lead the Chicago insurtech’s product strategy, product management and marketing functions. CCC announced in February plans to go public through a special purpose …
Hippo Announces Claims Team Hippo, a digital-first home insurer that this month took its first step toward becoming a publicly-traded company, revealed Tuesday the two vendors that will act together as part of its in-house claims team. Claimatic will take …
An investment by a Silicon Valley private equity firm and its Canadian partner is propelling a major expansion of London-based Davies into the U.S. insurance services sector, including claims management. Davies has acquired 17 insurance-related businesses since HGGC of Palo …
Davies Buys Northshore Davies, a London-based professional services and technology business, has continued a US expansion with the acquisition of Northshore International Insurance Services, Inc. Northshore, based in Danvers, Mass., provides audit, claims management, subrogation management and consulting services to …