Register

Blogs

/

Adjuster Estimates

Categories

CRAWFORD & COMPANY® ACQUIRES MAJORITY INTEREST IN WEGOLOOK®, LLC

CADO Admin / Tuesday, December 6, 2016

/ Categories: Vendors

CRAWFORD & COMPANY® ACQUIRES MAJORITY INTEREST IN WEGOLOOK®, LLC

Atlanta, GA – December 6, 2016 – Crawford & Company® (www.crawfordandcompany.com) (NYSE: CRD-A and CRD-B), one of the world's largest independent providers of claims management solutions to insurance companies and self-insured entities, today announced the acquisition of a majority interest in WeGoLook®, LLC (WGL™ or WeGoLook), an online and mobile collaborative economy platform headquartered in Oklahoma City, Oklahoma. This strategic investment in WeGoLook will enable Crawford® to revolutionize, automate and expedite the claim handling process by utilizing a large mobile workforce for automotive and property inspections. The acquisition of 85% of the membership interests of WeGoLook by Crawford, which is subject to certain conditions, has been approved by the Board of Directors of both companies for $36.125 million and is expected to close in early January 2017.

“I am very pleased to welcome WeGoLook’s employees, contractors, and customers to Crawford given the tremendous potential that I see as we combine WeGoLook’s innovative technology with Crawford’s global reach and client relationships,” commented Harsha V. Agadi, president and chief executive officer of Crawford & Company. “WeGoLook handles anything from automotive and property inspections to support the insurance industry as well as a broad range of general commerce transactions and verification of internet-based purchases. Their cost-effective services will allow Crawford to unlock the large, underserved market for high frequency claims, reduce claim handling fees, and help guard against fraud.”

The above is from the Press Release. read more ...

Tags

Crawford and Company

Related articles

Comment

You don't have permission to post comments.

Past Articles

Note: Since CADO first went online in 1995 we have had many members contribute to the site with their articles and forum posts. But over the years many of these post were lost however, we have recently been able to recover some of the articles and forum post and will be re-posting them as time allows. They will be posted on this page (Commuunity Blog) with a note indicating that it was a prior post. RC

Forum Topics

What to do when the insured is deceased or divorced

I think death and divorce are common issues that rarely get covered in training. Adjusters learn what to do by trial and error, or if they are lucky,

Posted By: Leland
Posted In: General
Replies: 8

Poor quality report writing

I just wanted to put in my two cents on how to write better reports. Please check these two examples: Example #1 (poor quality) When I

Posted By: Leland
Posted In: The Claim File
Replies: 25

Hurricane Sandy

At this time a rapidly strengthening hurricane is going to cross Jamaica, Cuba and the Bahamas. But what then. Some modleing is suggesting a sub tropi

Posted By: stormcrow
Posted In: Hail, Flood, Hurricanes and Weather Events
Replies: 24

Another Blow to Professional Adjusting

Xactware and ServiceMaster have teamed up to offer insurance carriers a contents estimating service. Now the carriers are using restoration cont

Posted By: johnpostava
Posted In: General
Replies: 30

Did I mess up?

I just got hired by Pilot, I guess. They called and said get your paperwork in and get ready for a drug test. The lady told me that she knew the

Posted By: newguy3
Posted In: General
Replies: 50

Know your policy

Janice and I worked a commercial loss last week and submitted it for payment 4 days after assignment, through a vendor with a major carrier. This was

Posted By:
Posted In: General
Replies: 37

Your Reading Files

Your closed files are the best example of your work. When you are looking at all the vendors who are not seeking your commitment during this very slow

Posted By: Ray Hall
Posted In: The Claim File
Replies: 17

Is the Independent Adjuster Fast Becoming Obsolete?

I have written more than few times about with Satellite roof technology , the fact that Xactimate is now fully integrated with EagleView and wit

Posted By: CatAdjusterX
Posted In: General
Replies: 36

Business Casual

Report of duty or a class- Dress code- Business Casual I have been watching the gathering of adjusters for several years. Seems about 25% know the de

Posted By: Ray Hall
Posted In: General
Replies: 23

Stress and Mental Health of Adjusters

Does anyone know of mental health services needed by or provided to claims adjusters suffering from stress related symptoms after a severe cat? I am c

Posted By:
Posted In: General
Replies: 24

Claim Scenario for Discussion

Forum Transfer; First posted by Janice Toll The following scenario is presented for discussion: Ms. Insured notices that the shingles on her

Posted By: Janice_Toll
Posted In: General
Replies: 17

2007 Version of Know before you Go.

My opine is not as good as the experts; but I think a monster hurricane will hit Texas or Florida with in the next 50 days. All new and old adjusters

Posted By: Ray Hall
Posted In: General
Replies: 32

Isaac

Does it appear to be a lot of work from this storm? Before the storm my email and phone were busy. It seems to have gotten pretty quiet.

Posted By: LucyZ
Posted In: General
Replies: 13

Sandy Discussion

So, here we are Sandy is here. It is really funny how changing jobs from commission to salary changes the perception. When I was a salaried road

Posted By: Alex_Chernov
Posted In: General
Replies: 84

How many Independent Adjusters out of work Today

Just curious, How many IA's are there out of work today who don't have other income to survive . How many total adjusters are there in the USA

Posted By: Goldust
Posted In: General
Replies: 35