The world's largest publicly listed independent provider of claims management and outsourcing solutions to insurance companies & self insured entities.
Great success is rarely achieved alone. It takes a dedicated team with the tools and expertise striving towards a singular goal. At Crawford, we push boundaries, question the status quo and welcome all claim challenges. Watch the full video here: https://t.co/k36aiWe3xY
We’re pleased to share that Jemin Thakkar has been named our new global CIO. We're honored to have Jemin in this expanded role and look forward to his ongoing leadership driving Crawford into the next phase of our technology evolution. Learn more: https://t.co/6P5ENgIKDh
We’re excited to announce that W. Bruce Swain, Jr., has been named Crawford president and CEO, after serving in the role on an interim basis since January. Learn more:
https://t.co/YMjWDh8tVl
With Bruce Swain promoted to interim CEO, we are delighted to announce that Holly Boudreau will assume the role of chief financial officer effective January 1, 2026.
Learn more here: https://t.co/vdPEdn0usH
We’re proud to announce that W. Bruce Swain, Jr. will assume the role of interim president & CEO on January 1, 2026, following Rohit Verma’s decision to step down at year-end.
Read the full press release here: https://t.co/lgQrcKq2TU.
We are pleased to announce the appointment of Tony Chapman as the new Head of Crawford Global Technical Services, Asia!
Read the full press release here: https://t.co/MYgTkviEl0
Our newest report breaks down the biggest challenges facing insurers today—and how tech is shaping the future of complex claims.
Download the report today: https://t.co/c6AQSoT7qw
#onecrawford
Crawford is pleased to announce its partnership with the Community Wood Recycling Project and NFU Mutual to donate habitat boxes made from recycled wood to Bristol City Council.
Press release: https://t.co/loqr24t6Yb https://t.co/Vmud5cI0m9
We are happy to announce our support for Turvi, a new SaaS Technology Provider for P&C Claims, led by Ken Tolson, Turvi's CEO.
Read more about Turvi here: https://t.co/igKM6O4DeL
#OneCrawford
CEO Rohit Verma - “We saw some very encouraging earnings growth + margin expansion this quarter in three of our four segments. I am optimistic about our overall trajectory and momentum with our strong business foundation and proven growth strategy. “ #Crawford#2Q24#EarningsCall
CFO Bruce Swain - “On a non-GAAP basis, diluted EPS was $0.25 for both CRD-A & CRD-B compared to $0.24 for both share classes in the prior year period. Our operating earnings totaled $22.1 million or 7% of revenues and consolidated adjusted EBITDA was $30.6M or 9.7% of revenues.”
CFO Bruce Swain - “GAAP net income attributable to shareholders totaled $8.6M and GAAP diluted EPS in the 2024 second quarter was $0.17 for both CRD-A and CRD-B consistent with $0.17 for both share classes in the 2023 period.” #Crawford#2Q24#EarningsCall
CFO Bruce Swain - “In the second quarter of 2024, Company-wide revenues before reimbursements decreased 3.2% to $314.2 million.” #Crawford#2Q24#EarningsCall
CFO Bruce Swain - “Platform Solutions 2Q revenues of $38.8M decreased compared with the 2Q23 primarily due to softness in our Networks biz related to reduced catastrophe activity, reflecting the notable reduction in insured losses from US severe convective storms year over year.”
CFO Bruce Swain - “Broadspire operating earnings for the second quarter were also a record of $15.1 million compared to $8.1 million, reflecting operating margin expansion of 620 bps to 15.5%.” #Crawford#2Q24#EarningsCall