Sedgwick and subsidiary Vericlaim expand operations in Canadian market

Sedgwick Claims Management Services, Inc. and its subsidiary Vericlaim announced on Wednesday 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, Sedgwick said in a press release.

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 said in the release.

“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 in the release.

With the companies’ caring counts 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 release said.

“The options for claims administration and loss adjusting services have been limited for businesses in Canada,” noted 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.”

A wholly owned subsidiary of Sedgwick, Vericlaim is a 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 company has global reach and maintains a distinct local market presence in more than 400 locations throughout the world.

Sedgwick is a global provider of technology-enabled risk and benefit solutions. The company delivers 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.