Vericlaim expands operations in Canada

Expert team to lead the company's strategic growth in the Canadian market

TORONTO, June 1, 2016 /CNW/ -- Sedgwick and its subsidiary Vericlaim, a global provider of loss adjusting and claims management solutions, announced that they will expand their services available in the Canadian market. 

In addition to Sedgwick's existing third-party administration (TPA) operations, the companies will offer high-quality claims administration and adjusting services designed to meet the specific needs of the Canadian market in the areas of property, liability, auto and niche industries.

Industry veterans Michael Holden and Terry Deamer are leading the companies' Canadian expansion. Holden has been appointed president, and Deamer will serve as senior vice president of operations. During their extensive careers, Holden and Deamer served as CEO and CFO, respectively, of Granite Claims Solutions, working hand-in-hand to transform Granite from a small business into a leading national Canadian provider.

"Sedgwick has been helping its U.S.-based clients manage their exposures in Canada for the past 12 years; this expansion ensures we can continue helping our clients manage and control their risk needs as they grow and that we are optimally positioned to provide responsive, best-in-class services for customers based in Canada," said Vericlaim CEO Michael Arbour.

With the companies' caring countsSM approach, the Sedgwick and Vericlaim Canada teams will focus on delivering comprehensive claim solutions and ensuring high-quality customer service from start to finish.

"The options for claims administration and loss adjusting services have been limited for businesses in Canada," said Sedgwick President and CEO Dave North. "By investing in the continued growth of Sedgwick and Vericlaim in Canada, we can partner with Canadian businesses to enhance their programs and expand the claims solutions available to them."

More information is available online at vericlaim.ca.

About Vericlaim
A wholly owned subsidiary of Sedgwick Claims Management Services, Inc., Vericlaim is a preeminent global loss adjusting and claims management company committed to helping its clients—insurance companies, corporations, public entities and brokers—manage and control their risk needs around the world. The success of Vericlaim stems from its focus on providing clients with superior claims resolution on the most timely and cost effective basis in the industry, continually adapting to the evolving service and information needs of its clients, and developing innovative solutions to complex risk management issues. The company has global reach and maintains a distinct local market presence in more than 400 locations throughout the world.

About Sedgwick
Sedgwick Claims Management Services, Inc., is a leading global provider of technology-enabled risk and benefits solutions. At Sedgwick, caring countsSM; the company takes care of people and organizations by delivering cost-effective claims, productivity, managed care, risk consulting and other services through the dedication and exper­tise of more than 13,000 colleagues in some 275 offices located in the U.S., Canada, U.K. and Ireland. Sedgwick facilitates financial and personal health and helps customers and consumers navigate complexity by designing and implementing customized programs based on proven practic­es and advanced technology that exceed expectations. Sedgwick's majority shareholder is KKR; Stone Point Capital LLC and other management investors are minority shareholders. For more, see www.sedgwick.com.

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SOURCE Sedgwick Claims Management Services, Inc.

For further information: Catherine Bennett, public relations director, +1-615-892-9361, catherine.bennett@sedgwick.com., http://www.Sedgwick.com

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Sedgwick Claims Management Services, Inc.

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