Insurance Claims Management, Inc.
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Insurance Claims Management, Inc. - overview
Established
2003
Location
Springfield, OH, US
Primary Industry
Insurance
About
Insurance Claims Management, Inc. provides innovative solutions for property restoration and claims processing, focusing on efficiency and accuracy in the management of home repair services. Founded in 2003 and headquartered in Springfield, US, Insurance Claims Management, Inc. specializes in property restoration services.
In October 2020, the company merged with Madsky MRP LLC, both of which are portfolio companies of Aquiline Capital Partners. The firm has completed a total of 4 deals since its inception. Accuserve℠, a division of Insurance Claims Management, Inc. , specializes in providing comprehensive property restoration and home repair services.
It focuses on streamlining the home repair process through its Managed Repair Experience SM. Core offerings include damage assessment and repair solutions across various sectors such as roofing, vinyl siding, windows, and water damage remediation. Accuserve facilitates connections among property owners, contractors, and insurance carriers, ensuring independent inspections and high-quality repair scope reports. Their target clientele encompasses homeowners facing property damage, contractors seeking leads, and insurance carriers aiming to enhance claims processing, primarily marketed within the US to diverse geographical markets.
Accuserve generates revenue by engaging in direct transactions with property owners for restoration services, often through contractors within their network. Collaborating with insurance carriers to improve claim accuracy is integral to their operations. While specific pricing details for services are not disclosed, the company's revenue model relies on partnerships with contractors, emphasizing efficient service delivery and client satisfaction. Following its merger in October 2020, Insurance Claims Management, Inc.
plans to leverage recent synergies to enhance its service offerings. The company is focusing on designing new products and expanding its Managed Repair Experience SM. Specifically, they aim to penetrate additional markets in the southeastern US by the end of 2023, utilizing the financial resources from the merger to support these initiatives.
Current Investors
Accuserve Solutions, Inc.
Primary Industry
Insurance
Sub Industries
BPO Services, Commercial Insurance, Claims Administration & Processing
Website
www.codeblue360.com
Verticals
Artificial Intelligence, InsureTech, Mobile Apps
Company Stage
Merged
Total Amount Raised
Subscriber access only
Insurance Claims Management, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Insurance Claims Management, Inc., Madsky MRP LLC | - | ||||||||
| Buyout | Completed | Insurance Claims Management, Inc. | - | ||||||||
| Unspecified Exit | Completed | Insurance Claims Management, Inc. | - | ||||||||
| Buyout | Completed | Insurance Claims Management, Inc. | - |
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Insurance Claims Management, Inc. - employee data
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