York Risk Services Group
York Risk Services Group (operating as Sedgwick) is a global B2B third-party administrator providing claims administration, loss adjusting, benefits administration, and product recall services to insurance carriers, self-insured employers, governments, and corporations across 18 industry verticals.
- Company typePrivate
- Founded1996
- HeadquartersParsippany, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What York Risk Services Group does
York Risk Services Group is a private, for-profit B2B provider of risk and claims administration services, founded in 1996 and headquartered in Parsippany, New Jersey, with 5,001-10,000 employees globally. Operating under the Sedgwick brand across a multi-continent footprint (offices in 13 countries covering North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America), the company delivers four core service lines: Claims Administration (liability, workers' compensation, risk & recovery, international TPA), Loss Adjusting (property, auto, global specialty lines), Benefits Administration (absence, disability, accommodations, unemployment), and Product Recall (incident response and recall execution). The business is vertically segmented, with dedicated practice areas across 18 industries including Agriculture, Aviation, Commercial, Construction & Engineering, Consumer Lines, Cyber, Energy, Environmental, Financial Lines, Lloyd's & London Market, Marine, Mining, Private Clients, Public Entity, and Telecommunications.
The underlying technology stack is described generically as an "advanced technology platform for claims management" with no specific architectures, proprietary models, APIs, or integrations disclosed in the source data. Distribution is exclusively direct enterprise sales, with the company positioning itself as a single-platform partner for insurance carriers, self-insured employers, government entities, and large corporations requiring multi-jurisdictional, multi-line claims handling. The go-to-market emphasis is on dedicated account management, vertical specialization, catastrophe response capabilities, and global reach under one consolidated vendor relationship.
Monetization operates on quote-based, customized enterprise contracts typical of the B2B TPA sector; pricing is not publicly disclosed and contract structures vary by line of business, geography, and complexity. Revenue mechanics rely on fee-for-service claims handling, loss adjusting engagements, and ongoing administration mandates rather than SaaS or per-seat pricing. Customer segments are explicitly diversified across multiple verticals to mitigate single-segment dependency, and the international TPA offering explicitly markets the ability to serve clients with cross-border claims consolidation needs.
York Risk Services Group firmographics
Firmographics- Name
- York Risk Services Group
- Website
- https://yorkrsg.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- York Risk Services Group (operating as Sedgwick) is a global B2B third-party administrator providing claims administration, loss adjusting, benefits administration, and product recall services to insurance carriers, self-insured employers, governments, and corporations across 18 industry verticals.
- Ownership category
- akta.pro rank
York Risk Services Group industry classification
Industry- Product category
- Claims Administration and Loss Adjusting Services
- NAICS
- Claims Adjusting (524291), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Help Supply Services (7363), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Claims Advocacy & Loss Recovery Services (FSAEADAH)
- akta.pro secondary industries
- Eligibility, Coverage Verification & Policy Administration Support (BPAAAFAC), Claims Intake, FNOL & Adjudication Support Centers (BPAAAAAH)
Keywords
Where York Risk Services Group is headquartered
LocationHeadquarters
- HQ city
- Parsippany
- HQ country
- United States
- HQ region
- North America
Offices13 records
Markets served
York Risk Services Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Distribution channels1 record
Marketing channels8 records
York Risk Services Group product offering
Product offeringCore offering
York Risk Services Group delivers end-to-end risk and claims administration services on behalf of insurance carriers, self-insured employers, government entities, and corporations. Core offerings include claims administration (workers' compensation, liability, risk & recovery, international TPA), loss adjusting (property, auto, global specialty including catastrophe response), benefits administration (absence management, disability, accommodations, unemployment compensation), and product recall management. Services are delivered by industry-specialized claims professionals across a global office network covering more than a dozen vertical industries.
Product overview
Sedgwick is a unified platform for risk and claims administration offering a comprehensive portfolio of interconnected services. The core offerings include Claims Administration for managing liability and workers' compensation, Loss Adjusting for property and auto claims with catastrophe response capabilities, Benefits Administration covering absence management and accommodations, and Product Recall services. These solutions are supported by Risk & Recovery services and International TPA capabilities, enabling the company to serve carriers, self-insured entities, and corporations across multiple industries worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Claims Administration
Companies that use York Risk Services Group
Customer profileSegments19 records
Ideal customer profiles4 records
York Risk Services Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
York Risk Services Group partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights5 records
York Risk Services Group competitors and assessment
Company assessmentDirect peers
- McLarens: Global independent loss adjusting firm with multi-line expertise (property, marine, aviation, energy); directly competes with York's loss adjusting and global specialty practices.
- Sedgwick: The global TPA that York Risk Services Group merged into in 2019; today operates under the Sedgwick brand with identical service lines (claims administration, loss adjusting, benefits, product recall) and the same global office footprint.
- Cunningham Lindsey (now part of Sedgwick/Crawford lineage): International loss adjusting firm serving Lloyd's and London market insurers; directly comparable on global specialty, marine, and aviation loss adjusting offerings.
- Broadspire (a Crawford company): Third-party administrator specializing in workers compensation, disability, and liability claims administration for carriers and self-insured employers — directly overlapping York's core claims administration business.
- ESIS (Chubb): In-house TPA arm of Chubb providing claims administration, risk management, and loss control services to insurers and self-insureds; directly competes in workers comp, liability, and property claims administration.
- Crawford & Company: Largest independent global claims management provider; directly competes in loss adjusting, claims administration, and managed repair services for insurance carriers and self-insureds across all major lines of business.
- Charles Taylor Adjusting: Global provider of loss adjusting, claims management, and TPA services to insurers, Lloyd's syndicates, and self-insureds; overlaps with York's international TPA and global specialty lines.
- Gallagher Bassett: TPA subsidiary of Arthur J. Gallagher providing claims management, loss adjusting, and risk control services; one of the largest TPAs in North America competing head-to-head across commercial and specialty lines.
Emerging players
- Engage Consulting Group / Mitchell International: Technology and services provider for property & casualty claims; competes at the intersection of claims management software and outsourced services that increasingly challenge traditional TPA economics.
Broad incumbents
- Pinnacol Assurance (and other carrier-owned TPAs): Carrier-affiliated claims operations and broader insurance carriers that operate internal claims administration; represent the in-house alternative that competes for the same carrier-side claims spend.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
York Risk Services Group social profiles
Digital presenceYork Risk Services Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
York Risk Services Group leadership team
Management profileNumber of profiles
York Risk Services Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
York Risk Services Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about York Risk Services Group
What does York Risk Services Group do?
York Risk Services Group delivers end-to-end risk and claims administration services on behalf of insurance carriers, self-insured employers, government entities, and corporations. Core offerings include claims administration (workers' compensation, liability, risk & recovery, international TPA), loss adjusting (property, auto, global specialty including catastrophe response), benefits administration (absence management, disability, accommodations, unemployment compensation), and product recall management. Services are delivered by industry-specialized claims professionals across a global office network covering more than a dozen vertical industries.
Is York Risk Services Group a public or private company?
York Risk Services Group is a private company. It is classified as unknown and is currently operating.
When was York Risk Services Group founded?
York Risk Services Group was founded in 1996. It employs 5,001 to 10,000 people.
Where is York Risk Services Group based?
York Risk Services Group is headquartered in Parsippany, United States, in the North America region.
Who are York Risk Services Group's main competitors?
Direct peers on record are McLarens, Sedgwick, Cunningham Lindsey (now part of Sedgwick/Crawford lineage), Broadspire (a Crawford company), ESIS (Chubb), Crawford & Company, Charles Taylor Adjusting and Gallagher Bassett. Engage Consulting Group / Mitchell International is listed as an emerging player. Pinnacol Assurance (and other carrier-owned TPAs) is listed as a broad incumbent.
Does York Risk Services Group have an API?
No public API is recorded for York Risk Services Group.
What industry is York Risk Services Group in?
York Risk Services Group's product category is Claims Administration and Loss Adjusting Services. Its primary akta.pro industry code is FSAEADAH, Claims Advocacy & Loss Recovery Services, with a secondary code of BPAAAFAC, Eligibility, Coverage Verification & Policy Administration Support. Its NAICS code is 524291 and its SIC code is 6411.