Crawford Merges Specialty Markets and Global Technical Services® Units
(Thomson Reuters ONE) -
Crawford Merges Specialty Markets and Global Technical Services® Units
Mike Reeves heads newly unified GTS unit
ATLANTA (November 21, 2014) Crawford & Company (NYSE: CRDA; CRDB), the world's
largest independent provider of claims management solutions, has announced the
merging of its Specialty Markets and Global Technical Services® (GTS®) units
into an expanded GTS division. Mike Reeves, executive vice president, Global
Markets, has been named to head up GTS effective December 1, 2014, to
strategically direct the combined business.
Crawford Specialty Markets is comprised of the following specialty services
focused on serving Lloyd's of London and the International Adjusting market:
Energy, Marine, Aviation, Forensic Accounting, and Mining. Its establishment
strengthen the large and complex claim capabilities of Crawford Global Technical
Services® (GTS®), and offered the market a single solution to meet the claims
needs of clients in these important niche areas and their insureds irrespective
of location. GTS® is Crawford's definitive solution for large, complex claims,
providing the highest level of world class talent in the industry's largest
network to strategically manage losses around the globe.
"One of the key strategic initiatives within our 2014-2016 Strategic Plan is to
create a global GTS powerhouse," noted Jeffrey T. Bowman, Crawford president and
chief executive officer. "After an intensive review we decided to accelerate the
merging of two complementary units, which will reinforce our market leading
position in the major and complex loss sector of our business globally. Our
focus now is on the strategic development of GTS services and its top adjusting
talent."
Reeves was one of original founders of the GTS brand, and he will lead a team of
senior global and regional leaders focused GTS strategy and expansion.
About GTS®
GTS® is Crawford's definitive solution for large, complex claims, providing the
highest level of world-class talent in the industry's largest network to
strategically manage losses around the globe. With nearly 500 of the world's
most experienced senior adjusters and industry specialists operating from 144
locations worldwide, GTS assists all major stakeholders with strategic loss
management during significant claims.
About Crawford
Based in Atlanta, Ga., Crawford & Company (www.crawfordandcompany.com) is the
world's largest independent provider of claims management solutions to the risk
management and insurance industry as well as self insured entities, with an
expansive global network serving clients in more than 70 countries. The Crawford
Solution(SM) offers comprehensive, integrated claims services, business process
outsourcing and consulting services for major product lines including property
and casualty claims management, workers compensation claims and medical
management, and legal settlement administration. The Company's shares are traded
on the NYSE under the symbols CRDA and CRDB.
# # #
For more information, please contact:
John L'Abate, public relations manager
404.300.1908 (office)
404.226.2931 (cell)
jwlaba(at)us.crawco.com
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Crawford & Company via GlobeNewswire
[HUG#1873211]
Unternehmensinformation / Kurzprofil:
Datum: 21.11.2014 - 16:00 Uhr
Sprache: Deutsch
News-ID 354712
Anzahl Zeichen: 4095
contact information:
Town:
ATLANTA
Kategorie:
Business News
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