Crawford & Company (CRD.A)
Financials · Claims management and third-party administration outsourcing · NYSE
Global leader in independent claims management and third-party administration services for insurance carriers and self-insured corporations across property, casualty, workers' compensation, and disability markets.
What Crawford & Company does
Crawford & Company is the world's largest publicly listed independent provider of claims management and outsourcing solutions, serving insurance carriers, brokers, and corporations across more than 70 countries. The company operates through four segments: North America Loss Adjusting (claims management for property and casualty losses), International Operations (global P&C services across U.K., Europe, Australia, Asia and Latin America), Broadspire (third-party administration and medical management for workers' compensation and disability claims), and Platform Solutions (contractor networks, network services, and subrogation). The company reported $1.266 billion in revenues before reimbursements for 2025.
Themes: ["Claims management outsourcing","Insurance services / third-party administration","Workers' compensation","Property and casualty insurance","Global insurance operations","Disability and accident claims","Catastrophe response"]
Fundamentals
- Price$11.08 as of 2026-07-10 close
- Market cap$512M as of 2026-07-12
- 1-year return-3.8% as of 2026-07-10 close
- P/E28.65 as of 2026-07-12
- Net margin+1.4% as of 2026-07-12
- Gross margin+27.9% as of 2026-07-12
- ROE+10.0% as of 2026-07-12
- Debt / equity1.10 as of 2026-07-12
- Revenue growth (YoY)-3.2% as of 2026-07-12
- Revenue CAGR (3y)+2.1% SEC XBRL
- Beta0.11 as of 2026-07-12
Dividend: yield +2.9%; pays a dividend.
Key risks (from latest filing)
["Significant revenue concentration in international operations (34.6% of revenues in 2025), exposing the company to foreign currency fluctuations, geopolitical risks, and varying regulatory environments across multiple countries.","Revenue decline of 3.23% year-over-year indicates softening market demand or competitive pressures in the claims management and insurance services market.","Modest net margins (1.37%) suggest limited pricing power or operational leverage, with high exposure to fluctuations in claims volumes and client utilization rates."]
Competitors & peers
- Allstate Claims Management (Allstate subsidiary)
- Sedgwick Claims Management Services
- Gallagher Bassett Services
- Broadmark Reinsurance Services
- ICW Group
- Everquote
Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.