INSURANCE TECHNOLOGY
Sedgwick | November 22, 2021
Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, announced it has acquired Temporary Accommodations, which provides high-quality, temporary housing and related services to displaced policyholders.
As part of this strategic transaction, Temporary Accommodations joins Sedgwick's property Americas division and further builds on the company's end-to-end claims services from intake to field adjusting to temporary housing to building repairs, with solutions that enable insurers to fully support their policyholders.
Founded in 1996 and headquartered in Atlanta, Temporary Accommodations locates temporary housing options for displaced insurance policyholders and helps to manage additional living expenses during home insurance claims following fire, water, wind and storm damage and emergency evacuations. As one of the largest providers of claims-related housing services, Temporary Accommodations focuses on cost management and stress reduction for a better customer experience, negotiating preferential housing and hotel rates and reducing insurers' indemnity spend.
"The Temporary Accommodations team is well-known by insurance professionals and homeowners for their dedication to service and solutions for displaced homeowners, They are often on the front lines when disaster strikes, providing care and comfort to displaced families. Temporary Accommodations is a natural fit with the Sedgwick team, and joining forces will allow us to work together to support the entire claims journey and recovery process. We look forward to this partnership and to providing clients with end-to-end property claims solutions."
- Steve Powell, Sedgwick executive vice president.
"Our company grew from humble entrepreneurial roots into one of the largest providers of temporary housing services in the insurance space. Joining an industry leader like Sedgwick will take our work to the next level, Moreover, our 'TA cares' motto perfectly aligns with Sedgwick's 'caring counts' philosophy. TA's mission has always been to operate with unsurpassed empathy, integrity, service and attention to detail, and we will continue to do so as part of the Sedgwick family."
- Aaron Wilson, founder, president and CEO of Temporary Accommodations.
About Sedgwick
Sedgwick is a leading global provider of technology-enabled risk, benefits and integrated business solutions. The company provides a broad range of resources tailored to our clients' specific needs in casualty, property, marine, benefits, brand protection and other lines. At Sedgwick, caring counts; through the dedication and expertise of more than 27,000 colleagues across 65 countries, the company takes care of people and organizations by mitigating and reducing risks and losses, promoting health and productivity, protecting brand reputations, and containing costs that can impact the bottom line. Sedgwick's majority shareholder is The Carlyle Group; Stone Point Capital LLC, Caisse de dépôt et placement du Québec (CDPQ), Onex and other management investors are minority shareholders.
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FCCI Insurance Group | June 20, 2020
P&C insurer FCCI Insurance Group is expanding its commercial insurance business into the state of Pennsylvania, where it will begin writing insurance starting September 01, 2020. Prior to expanding its commercial insurance business in the state, FCCI had been providing Pennsylvania with commercial and contract surety since 2015. The business expansion brings the total number of states in which FCCI operates to 20, as well as the District of Columbia. FCCI began accepting new business submissions from appointed agents in the state on June 15, 2020.
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CORE INSURANCE
Preferred Employers Insurance | January 25, 2022
Preferred Employers Insurance and the W. R. Berkley Charitable Foundation have donated a matched total of $4,092.54 to Growing The Table, an organization that supports California farms owned and operated by BIPOC (Black, Indigenous, and People of Color), Women, LGBTQ+, and Organic or Regenerative Practitioners. This donation honors their efforts in the nourishing of families in need, helping to reduce food waste, and saving farms during the COVID-19 crisis.
"It was important for us to give back to an industry who has trusted us as their workers' compensation insurance provider for over 20 years. We're especially proud to support a group dedicated to diversity while also providing food sources to those in need",
-Dennis Levesque, President of Preferred Employers Insurance.
About Preferred Employers Insurance
Preferred Employers Insurance, a Berkley company, was founded in San Diego, CA in 1998. The company is known for serving its customers with the best combination of price, workplace risk management, and medical provider services available in California's workers' compensation insurance industry. Preferred Employers Insurance Company is rated A+ (Superior) by A.M. Best Company, the global rating agency of insurer financial strength. Please contact your insurance broker to access the workers' compensation insurance products and services of Preferred Employers Insurance in California.
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