MEMPHIS, Tenn., May 31, 2011 /PRNewswire/ — Sedgwick Claims Administering Services, Inc. (Sedgwick CMS) today appear that it has acquired the assets of Cambridge Integrated Casework Group, Inc. (“Cambridge”) including the banal of Cambridge Galaher Settlements & Allowance Services, Inc., a direct, wholly-owned accessory of Cambridge. The acceding signing and closing occurred accompanying today.
For Sedgwick CMS clients, the accession of Cambridge promises an alike stronger aptitude basin and assets for accouterment our audience with able and able claims solutions. This accretion additionally enhances the company’s adeptness to action the best absolute arrangement of casework in the industry, with added amount in the areas of busline liability, customer banking services, structured settlements, and Medicare compliance. The transaction includes the acquirement of Cambridge’s technology basement that will accredit connected commitment of casework to Cambridge clients.
Sedgwick CMS will extend application offers to all of the accomplished advisers of Cambridge, abacus to the bookish basic and administering of best practices that will ultimately account both organizations. The accession of the Cambridge advisers to the Sedgwick CMS ancestors additionally agency that absolute account teams will abide in abode after interruption, and the audience of Cambridge will abide to assignment with the aforementioned trusted teams they assignment with today.
“This is agitative account for the audience and colleagues of both companies. As one team, we will action audience the best absolute ambit of casework in the industry delivered by the aforementioned accomplished teams and avant-garde systems they assignment with today,” said David A. North, President and CEO of Sedgwick CMS. “We acceptable Cambridge’s outstanding audience and colleagues, and are admiring to accommodate the adherence and abetment of the absolute Sedgwick CMS organization.”
About Cambridge Integrated Casework Group, Inc.
Cambridge Integrated Casework Group, Inc. (100% endemic by Cambridge Solutions Ltd, which in about-face is 76% endemic by Xchanging plc) is a arch acreage and blow claims and accident administering account provider. Cambridge serves Fortune 500 self-insured employers, allowance carriers and accessible entities in the U.S., Europe and Australia. Claims casework amount workers’ compensation; general, auto, able and artefact liability; acreage and assumed/ceded reinsurance. Cambridge additionally offers a advanced arrangement of specialty accident administering casework including outcomes administering and analysis consulting, managed care, appropriate investigations, structured settlements and subrogation/recovery services.
About Sedgwick CMS
Sedgwick Claims Administering Services, Inc. is the arch North American provider of avant-garde claims and abundance administering solutions. Sedgwick CMS and its affiliated companies bear cost-effective claims administration, medical management, accident consulting, and accompanying casework to audience through the ability of about 8,500 colleagues in added than 170 offices in the U.S. and Canada. The aggregation specializes in workers’ compensation; disability, FMLA and added agent absence; general, auto and able liability; and assurance and acclaim agenda claims casework as able-bodied as Medicare acquiescence solutions. Sedgwick CMS and its affiliates architecture and apparatus customized programs based on accurate practices that accommodated applicant needs. For more, see www.sedgwickcms.com.
CONTACT: Peg Brooker, Communications Director, Sedgwick CMS Corporate Communications, 860-520-2634, [email protected]
SOURCE Sedgwick Claims Administering Services, Inc.
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