Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

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.