Login Register Subscribe
Current Issue

Largest third-party claims administrators

Reprints

Ranked by 2010 revenues from claims handled for self-insured clients

RankCompany2010 revenues from self-insured clients
1Sedgwick Claims Management Services Inc.1$808,152,678
2Gallagher Bassett Services Inc.$401,900,000
3UMR Inc.$393,949,776
4Broadspire Services Inc., a Crawford Co.$236,467,690
5ESIS Inc.$195,400,000
6Meritain Health$193,000,000
7CoreSource Inc.$86,619,141
8York Risk Services Group Inc.2$86,000,000
9Wells Fargo Third Party Administrators and Wells Fargo Disability Management$74,512,426
10Cannon Cochran Management Services Inc., dba CCMSI$67,500,000

1 Includes Specialty Risk Services L.L.C. purchased in December 2010.

2 Formerly York Insurance Services Group Inc.



Largest property/casualty TPAs

TPAs that specialize in property/casualty claims administration, ranked by 2010 revenues from self-insured clients

RankCompany2010 revenues from self-insured clients
1Gallagher Bassett Services Inc.$401,900,000
2Broadspire Services Inc., a Crawford Co.$236,467,690
3ESIS Inc.$195,400,000
4York Risk Services Group Inc.1$86,000,000
5Cannon Cochran Management Services Inc., dba CCMSI$67,500,000

1 Formerly York Insurance Services Group Inc.


Largest workers compensation TPAs

Ranked by workers compensation claims paid in 2010

RankCompanyClaims paid in 2010
1Sedgwick Claims Management Services Inc.1$6,441,885,865
2Gallagher Bassett Services Inc.$3,567,000,000
3ESIS Inc.$1,753,000,000
4Broadspire Services Inc., a Crawford Co.$1,600,000,000
5TRISTAR Risk Management$693,000,000

1 Includes Specialty Risk Services L.L.C. purchased in December 2010.


Largest employee benefit TPAs

TPAs that specialize in employee benefit claims administration, ranked by 2010 revenues from self-insured clients

RankCompany2010 revenues from self-insured clients
1UMR Inc.$393,949,776
2Meritain Health$193,000,000
3CoreSource Inc.$86,619,141
4HealthSCOPE Benefits$65,142,906
5POMCO Group$41,800,000


Largest multiline TPAs

TPAs that offer both employee benefits and property/casualty claims administration, ranked by 2010 revenues from self-insured clients

RankCompany2010 revenues from self-insured clients
1Sedgwick Claims Management Services Inc.1$808,152,678
2Wells Fargo Third Party Administrators and Wells Fargo Disability Management$74,512,426
3TRISTAR Risk Management$55,794,000
4Keenan & Associates$40,000,000
5Loomis Co.$31,941,000

1 Includes Specialty Risk Services L.L.C. purchased in December 2010.

Source: BI survey
Researched by Kevin Edison and Karen Tucker

Entire contents © copyright 2011 by Crain Communications Inc. All rights reserved.