Sunday, November 28

Sedgwick swoops for temporary housing provider

Sedgwick has announced the acquisition of Temporary Accommodations, a company that provides temporary housing and related services to displaced policyholders. Temporary Accommodations will join Sedgwick’s property Americas division.

Founded in 1996, Atlanta-based Temporary Accommodations locates temporary housing options for displaced policyholders and helps manage additional living expenses during home insurance claims following fire, water, wind and storm damage and emergency evacuations. One of the largest providers of claims-related housing services, the company negotiates preferential housing and hotel rates to reduce insurers’ indemnity spread.

“The Temporary Accommodations team is well known by insurance professionals and homeowners for their dedication to service and solutions for displaced homeowners,” said Steve Powell, executive vice president at Sedgwick. “They are often on the front lines when disaster strikes, providing care and comfort to displaced families.

“Temporary Accommodations is a natural fit with the Sedgwick team, and joining forces will allow us to work together to support the entire claims journey and recovery process. We look forward to this partnership and to providing clients with end-to-end property claims solutions.”

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“Our company grew from humble entrepreneurial roots into one of the largest providers of temporary housing services in the insurance space,” said Aaron Wilson, founder, president and CEO of Temporary Accommodations. “Joining an industry leader like Sedgwick will take our work to the next level. Moreover, our ‘TA cares’ motto perfectly aligns with Sedgwick’s ‘caring counts’ philosophy. TA’s mission has always been to operate with unsurpassed empathy, integrity, service and attention to detail, and we will continue to do so as part of the Sedgwick family.”

Reference-www.insurancebusinessmag.com

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