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Crawford & Company

From Wikipedia, the free encyclopedia
Crawford & Company
Company typePublic
NYSECRD.A (Class A)
NYSECRD.B (Class B)
Russell 2000 Index component (CRD.A)
IndustryClaims Management
Founded1941; 83 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 a claims management company with more than 700 offices in 70 countries.[2]

Overview

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Crawford & Company is one of the world's largest independent providers of claims management to the risk management and insurance industry as well as self-insured entities. The company is based in Atlanta, Georgia with clients in more than 70 countries. Jim Crawford, formerly an insurance company claims manager, founded Crawford & Company in 1941.[3] After opening the first Crawford office in Columbus, Georgia on May 27, 1941, he expanded 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.

In 1968, Crawford became a publicly traded company. In 1971, a new 24/7 claims referral service called MAYDAY was introduced (now called Crawford Claims Alert[4]). Around the same time, Crawford introduced 3 new services: Rehabilitation Services, Risk Management Services, and Catastrophe Services.

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

References

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  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. Archived from the original on 2019-07-22. 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
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