What RYZE Claim Solutions does

RYZE Claim Solutions is a national, privately held, technology-enabled claims services firm headquartered in Tampa, Florida, providing property and casualty claims management to insurance carriers, managing general agents (MGAs), self-insured entities, program administrators, and risk retention groups across the United States. The company delivers a comprehensive service portfolio spanning daily property adjusting, catastrophe response, virtual adjusting, third-party administration (TPA), flood (FEMA/NFIP), casualty adjusting (commercial and personal liability, construction, product, trucking/auto), alternative dispute resolution (ADR), and lender-placed claims. Its service platform is anchored by Radius, a proprietary claims management portal used for assignment submission, tracking, and administration, and by RYZEQAI, an AI-powered quality assurance tool for workflow optimization that partner Pace reports has delivered a 30% reduction in claim cycle times.

The company operates a hybrid delivery model combining W-2 staff adjusters with a national network of 1099 independent adjusters, supplemented by the RYZE Responders program that recruits and trains veterans and first responders as licensed catastrophe adjusters. RYZE monetizes through B2B managed services and professional services contracts with insurance carriers and MGAs, with no publicly disclosed pricing. The business has expanded via an active M&A strategy - acquiring Wimberly Claims Service in 2021, Leading Edge Claims Service in March 2025 (adding Texas depth), and Acorn Claims in March 2025 (adding the proprietary Expert Technical Analysis or ETA review process for water mitigation). The firm is backed by Bain Capital Insurance, which provides acquisition capital and strategic support, and has undergone significant leadership renewal in 2024-2025, including CFO Robert Genkin (formerly Crawford & Company SVP of Finance and M&A) and CEO Walter Leddy (formerly CEO of US Field Services at Davies), with board additions from AIG and American Family Group alumni.

Name

RYZE Claim Solutions

Legal name

Ryze Claim Solutions, LLC

Website

https://ryzeclaims.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

RYZE Claim Solutions is a national, Bain Capital-backed provider of property and casualty claims management services - including daily, catastrophe, virtual adjusting, TPA, flood, casualty, ADR, and lender-placed claims - to insurance carriers, MGAs, and self-insured entities across the United States, supported by proprietary Radius and RYZEQAI platforms.

Ownership category

akta.pro rank

Product category

Insurance Claims Services

NAICS

Claims Adjusting (524291)

akta.pro primary industry

Claims Advocacy & Loss Recovery Services (FSAEADAH)

Keywords

• Property casualty claims
• Insurance claims adjusting
• Third-party administration
• Catastrophe claims response
• Flood claims adjusting

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Claims Management and Third-Party Administration (TPA) Services: RYZE provides comprehensive TPA services throughout the United States for personal and commercial insurance carriers, handling claims from first notice of loss through final payment. Also serves as outsourced claims overflow provider in catastrophes.
2. Field and Virtual Adjusting Services: Residential and commercial property adjusting services throughout the United States using both staff and contracted independent adjusters. Virtual adjusting offers remote claims management through licensed virtual adjusters.
3. Specialized Claims Services: Services including catastrophe response, flood claims, alternative dispute resolution (ADR), lender-placed claims, and casualty adjusting. These specialized services are provided as part of comprehensive claims outsourcing.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

RYZE Claim Solutions is a national, technology-enabled property and casualty claims services firm that provides outsourced claims management to insurance carriers and MGAs. It delivers field and virtual adjusting, third-party administration, catastrophe response, flood, casualty, lender-placed, and alternative dispute resolution services through staff and independent adjusters.

Product overview

RYZE Claim Solutions is a national technology-enabled claims services firm offering a comprehensive, modular portfolio of claims management services to insurance carriers and managing general agents. The core platform consists of Radius (proprietary claims assignment portal) enhanced by RYZEQAI, an AI-powered quality assurance tool for workflow optimization. The service portfolio includes Daily Property Claims, Catastrophe Claims, Virtual Adjusting, Third-Party Administration (TPA), Flood Claims, Casualty Adjusting, Alternative Dispute Resolution (ADR), Lender Placed Claims, and the RYZE Responders Program (veteran/first responder adjuster network). The company has grown through strategic acquisitions including Acorn Claims (2025, bringing proprietary ETA review technology), Leading Edge Claims Service (2025), and Wimberly Claims Service (2021). All services are delivered through a combination of staff adjusters and independent adjuster networks across the United States.

Differentiator

Problem solved

Functional benefit

Brands

• RYZE Responders: Program deploying Veterans, their families, and former First Responders as licensed catastrophe insurance adjusters
• Radius
• RYZEQAI

Products and services

• Radius Proprietary claims management platform used for claim assignment submission and management, providing portal access for clients and independent adjusters to submit and track claims assignments.
• RYZEQAI AI-powered quality assurance tool that enhances accuracy by minimizing manual errors and optimizing workflows in claims processing, including Expert Technical Analysis (ETA) review capabilities.
• Daily Property Claims Residential and commercial property adjusting services provided throughout the United States using staff and contracted independent adjusters.
• Catastrophe Claims Mobilization and dispatch of adjusters to handle catastrophe claims nationwide annually, ranging from dozens to tens of thousands of claims per event.
• Virtual Adjusting Virtual triage and inspection process using licensed W-2 employee adjusters for residential and commercial remote claims management. Contact and inspection with policyholder within 24 hours, offering a shorter claims process by an average of four days.
• Third-Party Administration (TPA) Comprehensive claims administration services for personal and commercial insurance carriers, self-insured entities, program administrators, risk retention groups, and managing general agents, handling claims from first notice of loss through payment.
• Flood Claims Flood adjusting services for write-your-own (WYO), FEMA/NFIP, excess, lender-placed, and private policies, with an extensive network of licensed flood adjusters and recognized FEMA/NFIP flood mentor status.
• Casualty Adjusting Broad range of casualty adjusting services including commercial liability, personal liability, construction liability, product liability, and trucking and auto liability, with full investigations, scene investigations, and witness location.
• Alternative Dispute Resolution (ADR) Utilizes a vast network of skilled and executive general adjusters to serve as appraisers throughout the country for efficient and cost-effective dispute resolution through the appraisal process.
• Lender Placed Claims Dedicated team handling lender-placed property insurance claims for investors, forced placed, REO, forced order insurance programs, foreclosed, vacant, and abandoned properties.
• RYZE Responders Program Program deploying veterans, their families, and former first responders as licensed catastrophe insurance adjusters, with free training, licensing, and software support, including virtual two-week field adjuster training and mentor assignment.
• Expert Technical Analysis (ETA) Audit Service Proprietary audit and review service from acquired Acorn Claims, providing a dedicated review process to ensure mitigation work is performed to the highest industry standards.

Quantifiable outcome

• 30 percent reduction in claim cycle times achieved through AI-powered quality assurance tools (RYZEQAI) at RYZE Claim Solutions
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

One partnership is on record.

• Pacetechnology partnerTechnology or IntegrationPace has automated over 250,000 workflows for insurers and brokers. Their AI-driven insurance operations platform has been deployed at RYZE Claim Solutions, where it achieved measurable client outcomes including a 30 percent reduction in claim cycle times.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Crawford & Company: Crawford & Company is the world's largest independent provider of claims management and outsourcing solutions to insurance carriers and self-insured entities. Directly comparable to RYZE across property, casualty, TPA, and catastrophe services; RYZE's CFO Robert Genkin previously led M&A at Crawford.
• Sedgwick: Sedgwick is a leading global provider of claims management, loss adjusting, and associated services to insurance carriers and corporates. Overlaps directly with RYZE in property/casualty adjusting, TPA, and catastrophe response, with a comparable national footprint and carrier-centric B2B model.
• Davies Group: Davies is an insurance and professional services firm offering claims management, adjusting, and TPA services globally. Directly comparable to RYZE's services portfolio; notably, RYZE CEO Walter Leddy previously led Davies' US Field Services business.
• Engle Martin & Associates: Engle Martin is a national independent claims adjusting firm serving property/casualty carriers with daily, catastrophe, and TPA services. Closely comparable to RYZE in service breadth, adjuster-network model, and carrier-focused B2B motion.
• Pilot Catastrophe Services: Pilot Catastrophe is a national independent adjusting firm specializing in property claims and catastrophe response for insurance carriers. Comparable to RYZE's Catastrophe and Daily Property service lines and large independent adjuster network.
• TRISTAR Insurance Group: TRISTAR is a national claims administration and managed care services provider serving insurance carriers and self-insureds. Comparable to RYZE's TPA operations and broader claims outsourcing offering, including property and casualty lines.
• E.A. Renfroe & Company: E.A. Renfroe is a national independent adjusting and claims management firm serving property/casualty insurance carriers. Directly comparable to RYZE's Daily Property, Catastrophe, and TPA offerings with a similar carrier-targeted B2B model.

Broad incumbents

• York Insurance Services Group (AIG): York Risk Services was a large third-party claims administrator serving carriers and self-insureds, acquired by AIG. Comparable to RYZE's TPA scale and service breadth; included as a broad incumbent reference point given board member Stuart Myers's prior leadership of York.

Emerging players

• Independent Adjusting Services (IAS) — now part of Davies: IAS Claims Services was a property/casualty claims adjusting firm acquired by Davies in 2021. Comparable to RYZE's pre-M&A scale and service mix; relevant because RYZE CEO Walter Leddy previously led IAS.
• Alacrity Solutions: Alacrity Solutions is an insurance claims management and TPA provider serving property/casualty carriers. Comparable to RYZE's TPA and technology-enabled claims operations as a similarly-sized, growth-oriented peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ryze-claim-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RYZE Claim Solutions