Signal Mutual Indemnity Association Ltd., a provider of Longshore and Harbor Workers Compensation Act benefits, on Monday announced a collaboration with Charles Taylor PLC in the launch of Sage Adjusting LLC.
Sage Adjusting has been created through the consolidation and integration of Signal Mutual’s four largest independent third-party workers compensation firms: Charles Taylor TPA, Lamorte Burns, AS&G Claims Administration and Acclaim Risk Management, the company said in a statement.
Sage Adjusting comprises 100 people in 19 offices across the U.S. Christopher Schaffer, CEO of Charles Taylor TPA, will assume the additional leadership role as CEO of Sage Adjusting.
The new firm will be headquartered jointly in Wilton, Connecticut, Lakewood, California, and Addison, Texas, according to a spokesperson.
The firm will offer cost efficiencies and a unified claims handling platform, according to the statement.
Key Risk Insurance Co., a W.R. Berkley Corp. company, said that it formed a new division focused on providing workers compensation and United States Longshoreman and Harbor Workers Act insurance programs nationally.