Claims Management Resources, Inc. (CMR)
Claims Management Resources (CMR) is a private Oklahoma City-based firm that provides third-party property damage claims recovery services to utility companies and Departments of Transportation on a contingency-fee basis, supported by its proprietary 'Pay in Seconds' digital claims platform.
- Company typePrivate
- Founded1988
- HeadquartersOklahoma City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Claims Management Resources, Inc. (CMR) does
Claims Management Resources, Inc. (CMR) is a private Oklahoma City-based firm, founded in 1988, that provides third-party property damage claims recovery services on behalf of utility companies and government entities — principally state, county, and municipal Departments of Transportation. For over 35 years, CMR has specialized in recovering the repair and replacement costs that its clients incur when infrastructure such as power lines, pipelines, roadways, signage, and similar assets is damaged by at-fault third parties, addressing the structural problem that infrastructure operators face high repair costs and administrative burden when pursuing damages from responsible parties.
CMR's core offering is its Property Damage Claims Management service, supported by a proprietary digital platform branded 'Pay in Seconds' (accessible at go.paynseconds.net) that enables online claims intake, evidence submission, and rapid payment settlement. The platform is positioned by the company as an ease-of-use differentiator and is complemented by a customer login portal for enterprise clients. While the broader claim-handling workflow remains human-expertise-driven, the technology layer provides a digital front door for institutional clients and counterparties to initiate, track, and resolve claims.
The business model is contingency-based: CMR absorbs the upfront cost of recovery efforts and earns a transaction fee — a percentage of successfully recovered funds — from its utility and government clients. Pricing is not publicly disclosed and contracts are structured as multi-year enterprise agreements, with a sales-led, consultative GTM motion focused on long-term contractual relationships. The company employs 101–250 people, is led by founder Chip Fudge (Chairman) and Richard Cook (President & CEO), and markets itself as a low-risk, high-reward recovery partner for its niche public-sector and regulated-utility client base.
Claims Management Resources, Inc. (CMR) firmographics
Firmographics- Name
- Claims Management Resources, Inc. (CMR)
- Legal name
- Claims Management Resources
- Website
- https://claimsmanagementresources.com
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Claims Management Resources (CMR) is a private Oklahoma City-based firm that provides third-party property damage claims recovery services to utility companies and Departments of Transportation on a contingency-fee basis, supported by its proprietary 'Pay in Seconds' digital claims platform.
- Ownership category
- akta.pro rank
Claims Management Resources, Inc. (CMR) industry classification
Industry- Product category
- Third-Party Claims Recovery Services
- NAICS
- Collection Agencies (56144)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320)
- akta.pro primary industry
- Legal Collections Support (Pre-Lit, Litigation Admin, Judgment Recovery) (BPAAAEAH)
Keywords
Where Claims Management Resources, Inc. (CMR) is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Markets served
Claims Management Resources, Inc. (CMR) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Third-Party Recovery Services: CMR provides third-party recovery services to utility companies and governmental entities. The company recovers costs from property damage incidents (likely from at-fault parties or through insurance subrogation). Revenue is generated through contingency fees or service agreements with utility and government clients, where CMR collects a percentage of recovered funds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise/Government Custom Contracts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Claims Management Resources, Inc. (CMR) product offering
Product offeringCore offering
Claims Management Resources, Inc. (CMR) provides third-party recovery services for property damage claims, primarily serving utility companies and government Departments of Transportation. The company pursues cost recovery from at-fault parties on behalf of clients under contingency-based arrangements, leveraging a proprietary "Pay in Seconds" digital claims platform to streamline processing and payment settlement. CMR absorbs upfront costs and only earns fees on successful recoveries, offering clients a low-risk, high-reward claims management solution with over 35 years of specialized experience.
Product overview
Claims Management Resources, Inc. (CMR) offers a single unified service focused on third-party property damage claims recovery. The company provides specialized claims management services tailored for departments of transportation and utility companies, with over 35 years of experience in the recovery services industry. The primary offering is their property damage claims management solution, which enables clients to pursue recovery of damages through their established processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Third-Party Property Damage Claims Recovery
Companies that use Claims Management Resources, Inc. (CMR)
Customer profileSegments2 records
Ideal customer profiles2 records
Claims Management Resources, Inc. (CMR) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Claims Management Resources, Inc. (CMR) partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Claims Management Resources, Inc. (CMR) competitors and assessment
Company assessmentDirect peers
- Accupoint Solutions: Accupoint Solutions provides subrogation and recovery outsourcing services to insurance carriers and self-insureds. Directly comparable to CMR in offering contingency-based recovery workflows, though Accupoint is more insurance-carrier focused whereas CMR targets utilities and DOTs.
- Pilot Catastrophe Services: Pilot Catastrophe Services delivers subrogation, recovery, and claims management services to insurance and self-insured entities. Comparable in recovery services and B2B claims handling, with overlap on infrastructure damage claims that CMR pursues.
- GBS Corp (Subrogation Division): GBS Corp provides subrogation services for property, casualty, and workers' compensation claims. Comparable to CMR's contingency-based recovery model and target client base of self-insureds and government-adjacent entities.
- Insurance Recovery Group: Insurance Recovery Group specializes in subrogation recovery services for insurers and self-insureds. Directly comparable to CMR in contingency-fee recovery work, though IRG tends to focus more on carrier clients than utility/DOT verticals.
- Bunch & Associates: Bunch & Associates offers subrogation, recovery, and arbitration services to insurers and self-insureds. Comparable to CMR through dedicated recovery offerings and a similar B2B contingency model targeting claims-paying entities.
Broad incumbents
- Crawford & Company: Crawford & Company is a global claims management firm offering subrogation as part of a much broader claims and loss-adjusting portfolio. Overlaps with CMR on third-party recovery and claims management for large commercial and public-sector clients, but operates at far greater scale across many service lines.
- Sedgwick: Sedgwick is a major claims management and loss-adjusting firm with subrogation, managed care, and return-to-work services. Comparable to CMR through its claims-handling capabilities for large enterprise and government clients, though CMR is much more narrowly focused on third-party recovery.
- ESIS (Chubb): ESIS is the in-house third-party claims administrator of Chubb, offering claims management and subrogation for large commercial accounts. Overlaps with CMR on subrogation recovery and B2B claims handling, though ESIS serves a wider enterprise base.
Emerging players
- Valewood Recovery Services: Valewood Recovery Services is a smaller, more specialized subrogation firm focused on property and casualty recovery. Comparable to CMR in core service, though narrower in client base and likely less established with public-sector accounts.
Others
- Property Damage Appraisers: Property Damage Appraisers is a network of independent appraisers handling property damage claims for insurers and self-insureds. Adjacent to CMR's workflow, providing damage assessment that feeds into the recovery process CMR manages.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Claims Management Resources, Inc. (CMR) social profiles
Digital presenceClaims Management Resources, Inc. (CMR) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Claims Management Resources, Inc. (CMR) leadership team
Management profileNumber of profiles
Profiles2 records
Claims Management Resources, Inc. (CMR) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Claims Management Resources, Inc. (CMR) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Claims Management Resources, Inc. (CMR)
What does Claims Management Resources, Inc. (CMR) do?
Claims Management Resources, Inc. (CMR) provides third-party recovery services for property damage claims, primarily serving utility companies and government Departments of Transportation. The company pursues cost recovery from at-fault parties on behalf of clients under contingency-based arrangements, leveraging a proprietary "Pay in Seconds" digital claims platform to streamline processing and payment settlement. CMR absorbs upfront costs and only earns fees on successful recoveries, offering clients a low-risk, high-reward claims management solution with over 35 years of specialized experience.
Is Claims Management Resources, Inc. (CMR) a public or private company?
Claims Management Resources, Inc. (CMR) is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Claims Management Resources, Inc. (CMR) founded?
Claims Management Resources, Inc. (CMR) was founded in 1988. It employs 101 to 250 people.
Where is Claims Management Resources, Inc. (CMR) based?
Claims Management Resources, Inc. (CMR) is headquartered in Oklahoma City, United States, in the North America region.
How does Claims Management Resources, Inc. (CMR) make money?
One revenue line is on record: third-Party Recovery Services.
Who are Claims Management Resources, Inc. (CMR)'s main competitors?
Direct peers on record are Accupoint Solutions, Pilot Catastrophe Services, GBS Corp (Subrogation Division), Insurance Recovery Group and Bunch & Associates. Broad incumbents are Crawford & Company, Sedgwick and ESIS (Chubb). Valewood Recovery Services is listed as an emerging player. Property Damage Appraisers is listed as an others.
Does Claims Management Resources, Inc. (CMR) have an API?
No public API is recorded for Claims Management Resources, Inc. (CMR).
What industry is Claims Management Resources, Inc. (CMR) in?
Claims Management Resources, Inc. (CMR)'s product category is Third-Party Claims Recovery Services. Its primary akta.pro industry code is BPAAAEAH, Legal Collections Support (Pre-Lit, Litigation Admin, Judgment Recovery). Its NAICS code is 56144 and its SIC code is 7320.