In the Q2, Crawford And Co's corporate clients experienced a drop by -70.52 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -71.43 %. During the corresponding time, Crawford And Co saw a revenue deteriorated by -1.37 % year on year, sequentially revenue grew by 3.09 %. While revenue at the Crawford And Co's corporate clients recorded rose by 7.95 % year on year, sequentially revenue grew by 7.17 %.
Customers of Crawford And Co saw their costs of revenue drop by -70.52 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -71.43 %, for the same period Crawford And Co revnue deteriorated by -1.37 % year on year, sequentially revenue grew by 3.09 %.
Crawford And Co's Comment on Sales, Marketing and Customers
The company provides customer-focused solutions for various types of insurance losses, supporting personal and commercial insurance carriers nationally and regionally through Contractor Connection. Its Networks service lines include Catastrophe operations, which assist insurance companies affected by natural and man-made disasters, and Staff Augmentation, which offers temporary staffing for property and casualty adjuster resources. The Subrogation service line delivers outsourced subrogation claims management and recovery services for the U.S. property and casualty insurance industry. The company serves clients globally in more than 70 countries, including national, regional, and international clients. Revenue is significantly concentrated in the Platform Solutions and International Operations segments from a limited number of customers; however, no single customer accounts for 10% or more of consolidated revenues.
Crawford And Co’s Comment on Sales, Marketing and Customers
The company provides customer-focused solutions for various types of insurance losses, supporting personal and commercial insurance carriers nationally and regionally through Contractor Connection. Its Networks service lines include Catastrophe operations, which assist insurance companies affected by natural and man-made disasters, and Staff Augmentation, which offers temporary staffing for property and casualty adjuster resources. The Subrogation service line delivers outsourced subrogation claims management and recovery services for the U.S. property and casualty insurance industry. The company serves clients globally in more than 70 countries, including national, regional, and international clients. Revenue is significantly concentrated in the Platform Solutions and International Operations segments from a limited number of customers; however, no single customer accounts for 10% or more of consolidated revenues.
Sources:
Crawford and Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Crawford and Co’s corporate clients.
For your research, we’ve provided 9 tables on Crawford and Co corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.