Largest third-party claims administrators
Posted On: Mar. 25, 2011 12:00 AM CSTRanked by 2010 revenues from claims handled for self-insured clients
| Rank | Company | 2010 revenues from self-insured clients |
| 1 | Sedgwick Claims Management Services Inc.1 | $808,152,678 |
| 2 | Gallagher Bassett Services Inc. | $401,900,000 |
| 3 | UMR Inc. | $393,949,776 |
| 4 | Broadspire Services Inc., a Crawford Co. | $236,467,690 |
| 5 | ESIS Inc. | $195,400,000 |
| 6 | Meritain Health | $193,000,000 |
| 7 | CoreSource Inc. | $86,619,141 |
| 8 | York Risk Services Group Inc.2 | $86,000,000 |
| 9 | Wells Fargo Third Party Administrators and Wells Fargo Disability Management | $74,512,426 |
| 10 | Cannon 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
| Rank | Company | 2010 revenues from self-insured clients |
| 1 | Gallagher Bassett Services Inc. | $401,900,000 |
| 2 | Broadspire Services Inc., a Crawford Co. | $236,467,690 |
| 3 | ESIS Inc. | $195,400,000 |
| 4 | York Risk Services Group Inc.1 | $86,000,000 |
| 5 | Cannon 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
| Rank | Company | Claims paid in 2010 |
| 1 | Sedgwick Claims Management Services Inc.1 | $6,441,885,865 |
| 2 | Gallagher Bassett Services Inc. | $3,567,000,000 |
| 3 | ESIS Inc. | $1,753,000,000 |
| 4 | Broadspire Services Inc., a Crawford Co. | $1,600,000,000 |
| 5 | TRISTAR 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
| Rank | Company | 2010 revenues from self-insured clients |
| 1 | UMR Inc. | $393,949,776 |
| 2 | Meritain Health | $193,000,000 |
| 3 | CoreSource Inc. | $86,619,141 |
| 4 | HealthSCOPE Benefits | $65,142,906 |
| 5 | POMCO 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
| Rank | Company | 2010 revenues from self-insured clients |
| 1 | Sedgwick Claims Management Services Inc.1 | $808,152,678 |
| 2 | Wells Fargo Third Party Administrators and Wells Fargo Disability Management | $74,512,426 |
| 3 | TRISTAR Risk Management | $55,794,000 |
| 4 | Keenan & Associates | $40,000,000 |
| 5 | Loomis 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
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