Crawford & Co: insider trades · United States · SEC (Form 4)

About Crawford & Co

Crawford & Company (NYSE: CRD-A and CRD-B) is a leading insurance-services specialist focused on claims management and outsourcing solutions for insurers, brokers, corporations, and self-insured entities. Headquartered in Atlanta, Georgia, in the United States, the company was founded in 1941 and has grown into the world’s largest publicly listed independent provider of claims management solutions, supported by a global network spanning more than 70 countries. For investors, Crawford is best understood as a service infrastructure provider to the insurance ecosystem rather than a traditional insurer: its performance is tied to claim frequency, catastrophe activity, economic conditions, and insurers’ ongoing push to outsource more complex and cost-sensitive workflows. ([sec.gov](https://www.sec.gov/Archives/edgar/data/25475/000119312526085465/crda-20251231.htm?utm_source=openai)) The group operates through four main segments: North America Loss Adjusting, International Operations, Broadspire, and Platform Solutions. North America Loss Adjusting covers property, casualty, and specialty claims handling across the U.S. and Canada. International Operations serves a broad multinational customer base through Crawford’s overseas operating footprint. Broadspire is the company’s third-party administration platform and includes medical management, case management, and related claims services. Platform Solutions provides more specialized and technology-enabled outsourcing and support capabilities. This segment structure gives Crawford a diversified earnings base, although demand can still fluctuate with catastrophe trends, carrier budgets, and the level of outsourcing activity in the insurance market. ([sec.gov](https://www.sec.gov/Archives/edgar/data/25475/000119312526085465/crda-20251231.htm?utm_source=openai)) From a competitive standpoint, Crawford occupies a niche but strategically important position. Its moat is built on international scale, technical claims expertise, long-standing client relationships, and the ability to handle complex and high-touch claims better than many smaller regional firms. The company also emphasizes digital tools, analytics, and workflow efficiency, which matter in a fragmented industry where clients increasingly demand faster cycle times, better data visibility, and lower administrative friction. In practice, Crawford competes on service quality, claims specialization, and operational reach rather than on pure capital intensity or underwriting leverage. ([crawco.com](https://www.crawco.com/?utm_source=openai)) Recent developments have been constructive. In March 2026, Crawford reported full-year 2025 revenue of $1.266 billion, with record annual revenues in Broadspire and International Operations helping offset weaker North America Loss Adjusting conditions in a comparatively quiet catastrophe year. The company also announced a leadership transition in late 2025, followed by a broader organizational simplification aimed at improving execution and client focus. For investors, the key takeaway is that Crawford combines a defensive insurance-services profile with cyclical upside from claims volume, catastrophe activity, and execution on its restructuring and technology initiatives. The shares are listed on the NYSE in the United States under CRD-A and CRD-B. ([ir.crawco.com](https://ir.crawco.com/news/news-details/2026/Crawford--Company-Reports-2025-Fourth-Quarter-and-Full-Year-Results/default.aspx?utm_source=openai))