About - Vericlaim
- Vericlaim is a company based in Naperville (United States) founded in 1918, and was acquired by Sedgwick in September 2014. Loss adjusting and claims management services are offered globally. - Vericlaim has completed 4 acquisitions, including Diamond Property Loss Solutions, Farrell Associates and First Choice Repair. Its chief executive, as recorded, is Thomas Simoncic.
Company details
VeriClaim was founded in 1918 and operates as a global provider of loss adjusting, claims management, and third-party administration services within the insurance sector. Risk is managed and controlled for insurance companies, corporations, public entities, and brokers. Services cover areas such as property, marine, and travel. The company is headquartered in Naperville, United States, with worldwide operations.
- Headquarters Naperville, United States
- Stage Acquired
- Website vericlaiminc.com
- Social LinkedIn
- Acquired by Sedgwick (Sep 2014)
- InvestorsSedgwick
& 1 more
- Investments & AcquisitionsDiamond Property Loss Solutions
& 3 more
- Acquired bySedgwick
(Sep 2014)
Funding Insights of - Vericlaim
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of - Vericlaim with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2011 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in - Vericlaim
- Vericlaim has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Sedgwick and Flexpoint Ford.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on financial services and healthcare companies | 2005 | flexpointford.com | Chicago, United States | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | sedgwick.com | Memphis, United States |
Investor details for - Vericlaim
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of - Vericlaim
1 people are tracked at - Vericlaim (1 in leadership).
| Name | Role | Group |
|---|---|---|
Thomas Simoncic | CEO & President | Leadership |
Complete people profiles for - Vericlaim
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by - Vericlaim
- Vericlaim has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Diamond Property Loss Solutions, Farrell Associates and First Choice Repair.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Insurance claim processing services are provided to clients. | midtexasclaimservice.com | Temple, United States | 1996 | Nov 2016 | •••• | |
Insurance claim processing services for property losses are provided. | diamondpls.com | Elk Grove Village, United States | 2016 | Jun 2016 | •••• | |
Personal and commercial insurance services are provided by Farrell Associates. | farrell-associates.com | London, United Kingdom | 1998 | Apr 2016 | •••• | |
Property repair and maintenance services are provided for various needs. | firstchoicerepair.com | Hutchinson, United States | 2003 | Jan 2016 | •••• |
Complete acquisition details for - Vericlaim
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of - Vericlaim
7 dated milestones of - Vericlaim across 98 years, from founding to its latest funding, stage changes and deals.
- Founded - Vericlaim is founded.
- Funding First funding round.
- Exit Acquired by Sedgwick.
- Acquisition Acquires First Choice Repair.
- Acquisition Acquires Farrell Associates.
- Acquisition Acquires Diamond Property Loss Solutions.
- Acquisition Acquires Mid-Texas Claim Service.
Web traffic of - Vericlaim
Websites that share an audience with - Vericlaim (vericlaiminc.com).
Websites whose visitors overlap most with - Vericlaim. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
carolinaclaims.com | carolinaclaims.com | 100% | – | ||
ableclaims.com | ableclaims.com | 100% | – | ||
mccloudclaims.com | mccloudclaims.com | 100% | – | ||
calnorthadjustersllc.com | calnorthadjustersllc.com | 100% | – | ||
cormieradjusting.com | cormieradjusting.com | 100% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for - Vericlaim
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- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about - Vericlaim
- Vericlaim was founded in 1918 and raised its 1st funding round 93 years after it was founded.
- Vericlaim is headquartered in Naperville, United States. It is registered at Naperville, Illinois, United States.
Thomas Simoncic is the CEO of - Vericlaim, as recorded in our data.
VeriClaim was founded in 1918 and operates as a global provider of loss adjusting, claims management, and third-party administration services within the insurance sector. Risk is managed and controlled for insurance companies, corporations, public entities, and brokers. Services cover areas such as property, marine, and travel. The company is headquartered in Naperville, United States, with worldwide operations.
- Vericlaim has made 4 acquisitions, including Diamond Property Loss Solutions, Farrell Associates, and First Choice Repair.
- Vericlaim has 2 investors. Key investors include Sedgwick, and Flexpoint Ford.
Yes. - Vericlaim was acquired by Sedgwick in September 2014.