Crawford & Company

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This article is about the insurance claims management company. For the South Australian retail grocer, see Crawford and Son. For the British biscuit manufacturer, see William Crawford & Sons.
Crawford & Company
TypePublic
NYSE: CRD.A (Class A)
NYSE: CRD.B (Class B)
Russell 2000 Index component (CRD.A)
IndustryClaims Management
Founded1941; 80 years ago (1941)
FounderJim Crawford
HeadquartersAtlanta, Georgia, United States
Area served
North America, South America, United Kingdom, Europe, Middle East, and Asia Pacific
Key people
Rohit Verma, (CEO)
RevenueDecrease$1.07 billion (2018)[1]
Decrease$26 million (2018)
Number of employees
9,000+ (2019)
Website[1]

Crawford & Company is the world's largest independent claims management company, with more than 700 offices in 70 countries.[2]

Overview[]

Based in Atlanta, Georgia, Crawford & Company is the world's largest independent providers of claims management to the risk management and insurance industry as well as self-insured entities, with clients in more than 70 countries. Jim Crawford, formerly an insurance company claims manager, founded Crawford & Company in 1941.[3] On May 27, 1941, he opened the first Crawford office in Columbus, Georgia. From that point, Crawford expanded its operations across the United States. These offices handled casualty and workers' compensation claims for all major insurance carriers. By 1967, Crawford & Company had offices in Canada, Puerto Rico, England, and the United States.

Crawford continued to expand its product offerings to the insurance industry. In 1968, Crawford became a publicly traded company. In 1971, a new 24/7 claims referral service called MAYDAY was introduced, (now "Crawford Claims Alert"[4]). Around the same time, Crawford introduced three new services: Rehabilitation Services, Risk Management Services, and Catastrophe Services. These services helped expand Crawford beyond just a property and casualty claims administration company.

The company's shares are traded on the NYSE under the symbols CRD-A and CRD-B.[5]

References[]

  1. ^ "Crawford & Company 2018 10-k form". last10k.com. Retrieved 2019-03-21.
  2. ^ Official website
  3. ^ "In 1941, Jim Crawford opened the first Crawford & Company office in Columbus, Georgia. He founded the company on three principles". crawco. Retrieved 20 May 2020.
  4. ^ Crawford U.S. Directory of Offices and Services 2013-2014
  5. ^ https://us.crawfordandcompany.com/about-us/company-history.aspx - accessed 11 March 2014

External links[]



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