C
Crawford & Company CRDA
NYSE
Recommendation
Dividend Power Score
Prev Close
Volume
--
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)

Company Overview

Crawford & Company is a global provider of claims management, loss adjusting, and risk-related services, operating primarily within the insurance services and risk management industries. The company assists insurers, self-insured organizations, and corporations in managing property, casualty, and specialty claims across the full claims lifecycle. Its revenue is largely driven by fee-based services tied to claim volumes, catastrophe events, and outsourced claims administration contracts.

Founded in 1941, Crawford & Company has evolved from a U.S.-focused independent adjusting firm into one of the world’s largest publicly traded claims management companies. The firm’s long operating history, global scale, and diversified service offerings position it as a key outsourced partner for insurance carriers and corporate risk managers seeking operational efficiency, regulatory compliance, and specialized expertise.

Business Operations

The company operates through several primary business segments, including North America Loss Adjusting, International Loss Adjusting, Broadspire, and Platform Solutions. These segments collectively generate revenue through property and casualty loss adjusting, third-party claims administration, managed repair services, medical management, and technology-enabled claims solutions. The Broadspire segment focuses on large, self-insured organizations requiring customized claims and risk management services.

Operations span both domestic and international markets, with significant exposure to catastrophe-related claims that can create earnings variability. Crawford & Company controls proprietary claims management platforms and data analytics tools that support scalability and service consistency. The company operates through numerous wholly owned subsidiaries and local operating entities, allowing it to comply with regional regulatory requirements while maintaining centralized oversight.

Strategic Position & Investments

The company’s strategic direction emphasizes technology-enabled claims solutions, operational efficiency, and selective expansion in specialty and high-growth markets. Investments have been directed toward digital claims platforms, automation, and data analytics to enhance speed, accuracy, and customer experience. Management has also prioritized expanding managed repair services and complex loss capabilities, particularly in catastrophe-prone regions.

Historically, Crawford & Company has pursued bolt-on acquisitions to strengthen geographic coverage and service breadth, while divesting non-core operations when appropriate. Its strategy focuses on long-term contracts, diversification across claim types, and maintaining flexibility to respond to fluctuations in insurance claim volumes driven by weather events and economic conditions.

Geographic Footprint

Crawford & Company operates in more than 70 countries, with major operations in North America, Europe, Latin America, Asia-Pacific, and the Middle East. The company is headquartered in the United States, with significant regional hubs supporting international loss adjusting and claims management activities.

Its global footprint enables the firm to service multinational insurers and corporations with cross-border risk exposures. International operations contribute a meaningful portion of total revenue, providing geographic diversification and exposure to both developed and emerging insurance markets.

Leadership & Governance

The company is led by an experienced executive team with deep backgrounds in insurance, claims management, and professional services. Leadership emphasizes client-centric service delivery, disciplined capital allocation, and investment in people and technology to sustain long-term growth.

Key executives include:

  • Rohit VermaChief Executive Officer
  • Larry L. ThomasPresident
  • Scott HudsonChief Financial Officer
  • Paul L. SylvesterChief Operating Officer
  • Matthew P. HowellChief Legal Officer and Corporate Secretary

The board and executive leadership maintain a governance framework aligned with public company standards, focusing on risk management, operational transparency, and shareholder value creation.

Data complied by narrative technology. May contain errors

Top Tech Stocks
See All »
B
NVDA NASDAQ $175.64
B
AAPL NASDAQ $251.49
B
MSFT NASDAQ $383.00
Top Consumer Staple Stocks
See All »
B
WMT NASDAQ $120.72
B
Top Financial Stocks
See All »
B
B
JPM NYSE $289.91
B
V NYSE $304.44
Top Energy Stocks
See All »
B
ENB.TO TSX $73.47
B
ENB NYSE $54.16
Top Health Care Stocks
See All »
B
LLY NYSE $910.55
B
JNJ NYSE $235.42
B
AMGN NASDAQ $349.77
Top Real Estate Stocks
See All »
B
PLD NYSE $130.31