Largest third-party claims administrators - 2009
Posted On: May. 26, 2009 4:24 PM CSTLargest third-party claims administrators
Ranked by 2008 revenues from claims handled for self-insured clients
Rank | Company | 2008 revenues |
1 | Sedgwick Claims Management Services Inc.
| $601,946,333
|
2 | Gallagher Bassett Services Inc. | $411,200,000 |
3 | UMR Inc.1 | $400,000,0002 |
4 | Broadspire Services Inc., a Crawford Co. | $253,514,697 |
5 | Cambridge Integrated Services Group Inc.3 | $235,400,0002 |
6 | ESIS Inc. | $202,660,000 |
7 | Meritain Health | $171,000,000 |
8 | Specialty Risk Services L.L.C. | $162,000,000 |
9 | CoreSource Inc. | $118,873,264 |
10 | Principal Financial Group/National Accounts | $112,319,546 |
- 1 Formed in 2008, includes Fiserv Health Inc., Midwest Security Insurance Cos. and United Medical Resources Inc.
- 2 BI estimate.
- 3 Cambridge Integrated Services Group Inc. did not respond to the survey. Cambridge has entered an aggreement to be purchased by Xchanging P.L.C. in October 2008.
Source: BI survey
Researched by Kevin Edison and Karen Tucker
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