Charles Taylor acquires survey company
Charles Taylor has acquired Contego Investigative Services, a nationally licensed investigative firm based in Orlando, Florida.
Contego provides customized anti-fraud and special investigation services, including surveillance, social media investigations, background checks, medical facility investigations, on-scene investigations and recorded statements, a said Charles Taylor in a press release. The company’s services “are backed by a robust technology platform.”
“Their excellent reputation, strict governance procedures, high professional standards and trusted relationships with our customers allow us to offer the highest level of fraud-fighting capabilities, with the high quality of service that our customers have come to expect. known to Charles Taylor,” said Christopher Schaffer, managing director of Charles Taylor’s third-party administration division.
Charles Taylor is an international claims administrator with US headquarters in Wilton, Connecticut.
Tristar Buy Risco
Tristar Insurance Group has agreed to acquire the portfolio of self-insured businesses of Risico Claim Management and Risco Total Managed Care. The transaction is expected to close on February 1.
“This move provides our employees and self-insured customers with access to the resources that a well-established national TPA can provide,” said Steven C. Wight, chief operating officer of Risco. “We look forward to adding to Tristar’s already significant presence in Fresno, Calif., and the greater San Joaquin Valley.”
Tristar is an independent, private claims administrator headquartered in Long Beach, California. The company employs 850 people in 30 offices across the United States.
Risico, headquartered in Fresno, was founded by William J. Van Beurden in 1999. The company’s customers are primarily government agencies and food processors. Their Fresno-based team offers decades of experience serving California employers.
Terms of the transaction were not disclosed.
Nationwide rollout of CCC’s mobile assessment app
Nationwide had contracted with CCC Intelligent Solutions to use the CCC Mobile Appraiser Pro, the first auto insurer to adopt the new product for its claims process.
CCC, a Chicago-based technology company that sells software as a service, said its product speeds up the claims process and promotes consistency in field inspections.
“We’ve been using CCC’s digital tools with our staff for years and wanted to expand access to our field appraisers with CCC Mobile Appraiser Pro,” said Martha Frye, vice president of personal claims for Nationwide.
Western Alliance acquires Digital Settlement Technologies
Western Alliance Bank has acquired Digital Settlement Technologies, which provides a digital payment platform for the class action legal industry.
The Los Angeles-based company operates as Digital Disbursements, a platform that integrates a customizable payment menu into claim forms and other payment selection websites.
Western Alliance said in a press release that digital disbursements have grown rapidly since its launch in 2019. The platform allows claimants to choose how they want to receive payments, including bank account options and digital wallets.
“The combination of Digital Disbursements’ industry-leading payment platform and technology with our growing suite of settlement services and juris banking offerings positions Western Alliance for significant growth in the area of class actions and torts. mass,” said Francesca Castagnola, senior managing director of settlement at Western Alliance. service team. “Our team is always looking for new solutions and technologies to improve the settlement distribution process, and digital disbursements will no doubt continue this momentum.”
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