Sedgwick Claims Management Services Inc. said Wednesday it has acquired software as a service company G&E Enterprises LLC.
Financial terms of the deal were not disclosed.
Seven staff of Chattanooga, Tennessee-based G&E Enterprises will join the Sedgwick team, Memphis, Tennessee-based Sedgwick said.
G&E Enterprises offers a billing and data management system for insurance restoration contracting known as T&M Pro.
The software will strengthen Sedgwick’s loss adjusting services in the areas of commercial property support, estimate review processes and mitigation and reconstruction bill review, Sedgwick said in a statement.
The software also speeds up payments to insurance restoration contractors and gives insurers greater visibility into claims, Sedgwick said.
Sedgwick Claims Management Services Inc. has completed its acquisition of fellow top 10 third-party administrator York Risk Services Group Inc.