Segwick CMS Completes Acquisition of Specialty Risk Services

Sedgwick Claims Management Services said Monday that it has completed its purchase of Specialty Risk Services from The Hartford Financial Services Group, Inc. for $278 million.  The acquisition brings to Sedgwick CMS the people, business resources and alternative market presence of SRS, which provides claims and risk management services to self-insured and insured clients, the Memphis, Tenn.-based third-party administrator said in a press release. It also reinforces Sedgwick CMS’s position as the largest independent North American provider of claims administration services, the comp...