Ranked by 2009 revenues from claims handled for self-insured clients
Rank | Company | 2009 revenues from self-insured clients |
1 | Sedgwick Claims Management Services Inc. | $600,592,469 |
2 | Gallagher Bassett Services Inc. | $392,000,000 |
3 | UMR Inc.1 | $374,400,0002 |
4 | Broadspire Services Inc., a Crawford Co. | $242,247,706 |
5 | ESIS Inc.1 | $198,000,0002 |
6 | Meritain Health | $194,097,000 |
7 | Specialty Risk Services L.L.C. | $187,617,000 |
8 | Xchanging Claims Services3 | $112,500,000 |
9 | Principal Financial Group/National Accounts | $99,385,994 |
10 | CoreSource Inc. | $90,220,347 |
Source: BI survey
Researched by Kevin Edison and Karen Tucker
Entire contents © copyright 2010 by Crain Communications Inc. All rights reserved
TPAs that specialize in property/casualty claims administration
Rank | Company | 2009 revenues from self-insured clients |
1 | Gallagher Bassett Services Inc. | $392,000,000 |
2 | Broadspire Services Inc., a Crawford Co. | $242,247,706 |
3 | ESIS Inc.1 | $198,000,000 |
4 | Specialty Risk Services L.L.C. | $187,617,000 |
5 | York Insurance Services Group Inc. | $81,600,000 |
6 | Cannon Cochran Management Services Inc. dba CCMSI | $69,750,000 |
7 | Avizent | $65,800,000 |
8 | Helmsman Management Services L.L.C. | $47,712,000 |
9 | Risk Enterprise Management Ltd. | $33,385,000 |
10 | Berkley Risk Administrators Co. L.L.C. | $31,684,000 |
Source: BI survey
Researched by Kevin Edison and Karen Tucker
Entire contents © copyright 2010 by Crain Communications Inc. All rights reserved
TPAs that specialize in employee benefit claims administration
Rank | Company | 2009 revenues from self-insured clients |
1 | UMR Inc. | $374,400,000 1 |
2 | Meritain Health | $194,097,000 |
3 | Principal Financial Group/National Accounts | $99,385,994 |
4 | CoreSource Inc. | $90,220,347 |
5 | HealthSCOPE Benefits | $46,000,000 |
6 | HealthSmart Holdings Inc. | $35,495,000 |
7 | HealthPlan Holdings Inc. | $23,980,000 |
8 | Health Plans Inc. | $22,800,000 |
9 | HealthNow Administrative Services | $17,400,000 |
10 | Professional Benefit Administrators Inc. | $12,924,168 |
Source: BI survey
Researched by Kevin Edison and Karen Tucker
Entire contents © copyright 2010 by Crain Communications Inc. All rights reserved
Ranked by workers compensation claims paid in 2009
Rank | Company | 2009 claims paid/strong> |
1 | Sedgwick Claims Management Services Inc. | $3,882,247,281 |
2 | Gallagher Bassett Services Inc. | $3,540,000,000 |
3 | Specialty Risk Services L.L.C. | $1,914,000,000 |
4 | Broadspire Services Inc., a Crawford Co. | $1,600,000,000 |
5 | TRISTAR Risk Management | $687,000,000 |
6 | Cannon Cochran Management Services Inc. dba CCMSI | $675,000,000 |
7 | Helmsman Management Services L.L.C. | $537,865,000 |
8 | Avizent | $453,358,346 |
9 | Pinnacle Risk Management Services | $450,000,000 |
10 | Underwriters Safety & Claims Inc. | $386,000,000 |
Source: BI survey
Researched by Kevin Edison and Karen Tucker
Entire contents © copyright 2010 by Crain Communications Inc. All rights reserved
Third-party administrators that offer both employee benefits and property/casualty claims administration
Rank | Company | 2009 revenues from self-insured clients |
1 | Sedgwick Claims Management Services Inc. | $600,592,469 |
2 | Wells Fargo Third Party Administrators and Wells Fargo Disability Management | $81,458,142 |
3 | TRISTAR Risk Management | $51,424,000 |
4 | Keenan & Associates | $38,600,000 |
5 | Loomis Co. | $31,941,000 |
6 | CAS-Claims Administrative Services Inc. | $14,951,690 |
7 | Underwriters Safety & Claims Inc. | $12,750,000 |
8 | JI Specialty Services Inc. | $5,656,000 |
9 | Hewitt, Coleman & Associates Inc. | $3,750,000 |
Source: BI survey
Researched by Kevin Edison and Karen Tucker
Entire contents © copyright 2010 by Crain Communications Inc. All rights reserved