Memphis, TN and Naperville, IL, – Sedgwick Claims Management Services, Inc. today acquired Selective Settlements International, Inc., commonly referred to as Selective Settlements. Selective Settlements is a national provider of professional services related to the structured settlement process. The company specializes in facilitating the negotiation of settlements in cases of personal injury, wrongful death, medical malpractice, workers’ compensation, and others.
Sedgwick CMS is the largest independent North American provider of claims and productivity management services. The acquisition of Selective Settlements brings to Sedgwick CMS powerful claim settlement tools, unique expertise in consultative approaches to resolving claims, and a wider range of settlement options for Sedgwick CMS clients and claimants that are beneficial to all parties.
“Like Sedgwick CMS, the professionals at Selective Settlements are committed to delivering excellence for everyone involved in the claim settlement process,” said Sedgwick CMS President and CEO David A. North. “For more than 30 years, Jim Ebel and his team of talented consultants have helped clients manage their claim-related expenses and guided claimants in reaching structured settlements that address their long-term needs. This expertise is a natural fit for Sedgwick CMS’ mission of pursuing fair claim outcomes and will help us provide a higher level of service to our clients and their claimants.”
“We have always been proud to serve our clients with outstanding solutions, tools, and people,” said Selective Settlements President Jim Ebel. “Our relationship with Sedgwick CMS will provide additional resources for the expansion of our structured settlement capabilities, and they share our commitment to fair outcomes for both the clients and their claimants.”
Sedgwick CMS will retain all employees of Selective Settlements, as of closing.
Source: Sedgwick CMS