-- Transaction includes all T&H Global subsidiaries
MEMPHIS, Tennessee, Oct. 1, 2014 /PRNewswire/ -- Sedgwick Claims Management Services, Inc. (Sedgwick), announced today that it has completed its purchase of T&H Global Holdings, LLC and its subsidiaries (T&H).
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The acquisition brings to Sedgwick the people, business resources and global market presence of T&H's subsidiaries, which include VeriClaim, Inc., VRS VeriClaim U.K. Ltd, Unified Investigations & Sciences, Inc., Cramer, Johnson, Wiggins & Associates, Inc., (CJW) and Ellis May Chartered Loss Adjusters. Through these subsidiaries, T&H provides specialized claims services—such as property loss adjusting, field investigation, third-party claims management and fire and forensics investigation services—that notably complement Sedgwick's existing capabilities.
"Together, Sedgwick and the VeriClaim and T&H companies offer the combined expertise of more than 12,000 experienced and talented colleagues," said David A. North, president and CEO. "The addition of capabilities in property adjusting services, specialized desk-top offerings and forensic investigations will allow us to respond in a more comprehensive manner during the times when our clients need us the most."
"Today's closing not only expands our international footprint so that we can better serve clients who operate globally, but also reinforces Sedgwick's position as the leading provider of specialized claims and productivity management solutions," North said.
"We are excited to officially join the Sedgwick organization today," said Michael Arbour, president and CEO of T&H Global Holdings, LLC. "By joining forces, Sedgwick and the T&H companies will be able to provide the industry's most robust menu of multifaceted claims services to meet the ever-changing needs of our clients."
About T&H Global Holdings, LLC
T&H Global Holdings, LLC, through its operating subsidiaries VeriClaim, Inc., VRS VeriClaim U.K. Ltd, Unified Investigations & Sciences, Inc., Cramer, Johnson, Wiggins & Associates, Inc. (CJW) and Ellis May Chartered Loss Adjusters, is a premier provider of specialized insurance claims services to insurance carriers, insurance brokers, corporations and public entities. The company leverages its specialized domain expertise, experienced professionals and process knowledge to provide its clients loss adjusting, third-party claims management and fire and forensics investigation services. VeriClaim serves a blue-chip global client base that includes leading insurance underwriters, brokers and Fortune 500 companies. The company was founded in 1918 and is headquartered in Naperville, Ill.
About Sedgwick
Sedgwick Claims Management Services, Inc. is the leading global provider of technology-enabled claims and productivity management solutions. Sedgwick and its affiliated companies deliver cost-effective claims, productivity, managed care, risk consulting and other services to clients through the expertise of more than 12,000 colleagues in some 275 offices located in the U.S., Canada and the U.K. 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. Sedgwick and its affiliates design and implement customized programs based on proven practices and advanced technology that exceed client expectations. Sedgwick's major investors are KKR and Stone Point Capital LLC. For more, see www.sedgwick.com.
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