Crawford & Company (NYSE: CRD-A, CRD-B) has announced the launch of Asservio, an innovative platform aimed at digitalizing the estimate review process for property claims. This cutting-edge platform enhances accuracy and reduces processing time, potentially leading to significant operational improvements and cost reductions in the insurance and restoration sectors. Asservio will be integrated into existing quality assurance processes and offered as a stand-alone licensing option. The initiative underscores Crawford's commitment to leveraging technology for better claims outcomes.
Crawford & Company has launched Crawford Inspection Services, a new digital solution aimed at streamlining the roof inspection process for desk adjusters. This platform connects adjusters with roof inspectors, leveraging 3-D modeling technology for efficient inspections. The service promises speed with same-day reporting and covers states including Florida, Texas, and Virginia, with plans for expansion. CEO Rohit Verma emphasized the company's commitment to service excellence amidst evolving market demands.
On February 11, 2021, Crawford & Company declared a quarterly dividend of $0.06 per share for both Class A (CRD-A) and Class B (CRD-B) Common Stock, marking an increase of $0.01 from the previous quarter. The dividend is payable on March 12, 2021, to shareholders recorded as of February 26, 2021. As the largest publicly listed independent provider of claims management solutions, Crawford serves clients across more than 70 countries, ensuring significant shareholder value through consistent dividend payments.
Crawford & Company (NYSE: CRD-A, CRD-B) has launched Virtual Assist, a new online marketplace for adjusters to enhance desk adjusting operations. This platform offers access to an extensive range of services, including digital tools, on-demand services, contractor services, and expert services, aimed at streamlining the claims handling process. Available from October 1, 2020, the initiative underscores Crawford's commitment to innovation and efficiency in claims management, enabling faster resolution of claims while reducing costs.
Crawford & Company (NYSE: CRD-A, CRD-B) has announced the acquisition of Crawford Carvallo, a prominent provider of claims management solutions in Chile. This strategic move enhances Crawford's footprint in Latin America, formalizing a partnership lasting nearly 30 years. The acquisition aims to leverage Carvallo's expertise across various sectors including marine and legal services, improving Crawford's ability to meet evolving client needs. President Roberto McQuattie emphasized the acquisition's potential to expand offerings and enhance service delivery in the region.
Crawford & Company (NYSE:CRD-A, CRD-B) will participate in the virtual Midwest IDEAS Investor Conference on August 27, 2020. CEO Rohit Verma and CFO Bruce Swain will present to investors and other interested parties. A live webcast of the presentation can be accessed via the company’s website, along with presentation materials. A replay will be available for approximately 90 days following the event. Crawford is the largest publicly listed independent claims management provider globally, with services in over 70 countries.