Applied Claims Group
Applied Claims Group is a private Third Party Administrator providing multi-line property and casualty claims services—including auto, catastrophe, property, specialty, and subrogation—to insurance carriers and self-insured entities across the US and Canada under the Risk Theory holding company.
- Company typePrivate
- Founded2015
- HeadquartersAddison, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Applied Claims Group does
Applied Claims Group, LLC is a Third Party Administrator (TPA) that provides multi-line property and casualty claims services to insurance carriers, self-insured entities, and program administrators/MGAs. The company operates as a member company of Risk Theory, a holding company encompassing affiliated insurance and risk management businesses including Risk Point, KingsCover, Striker, Redstone Underwriters, and Jupiter Risk. ACG delivers individually tailored full claims service programs across six core service lines: Auto & General Liability, Auto Physical Damage, Catastrophe, Property, Specialty, and Subrogation. Operationally, the company settles more than 40,000 damaged vehicles annually in Auto Physical Damage, deploys catastrophe teams within 48 hours of loss notice, and maintains a 72-hour turnaround on field assignments through a national network of property and casualty experts spanning the United States and Canada.
ACG's service portfolio is delivered through a layer of branded sub-programs—KingsCover (Auto and Property & Liability), Striker, Redstone Heavy Iron, Redstone Construction, Jupiter, Garage, Dealer Open Lot, and FLP—each with dedicated online claim reporting portals. The underlying technology stack consists of a 24/7 online claim reporting portal, a client online access system for real-time claim file monitoring, and the Risk Point Alert weather threat warning system that supports proactive catastrophe preparation. A 24/7/365 toll-free nationwide call center staffed with experienced claim intake professionals handles loss reporting, and subrogation recovery services are licensed in all 50 U.S. states.
Revenue is generated through service fees charged to insurance carriers and self-insured programs on a managed services and professional services basis, with pricing negotiated under contractual arrangements rather than publicly disclosed. The company is headquartered at 14001 Dallas Parkway, Suite 700, Dallas, Texas, employs between 11 and 50 people, and operates as a private LLC. No funding rounds, M&A activity, or financial statements are publicly disclosed; external customer logos are not named, and affiliate-entity relationships appear to represent a meaningful share of demand.
Applied Claims Group firmographics
Firmographics- Name
- Applied Claims Group
- Legal name
- Applied Claims Group, LLC
- Website
- https://appliedclaimsgroup.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Applied Claims Group is a private Third Party Administrator providing multi-line property and casualty claims services—including auto, catastrophe, property, specialty, and subrogation—to insurance carriers and self-insured entities across the US and Canada under the Risk Theory holding company.
- Ownership category
- akta.pro rank
Applied Claims Group industry classification
Industry- Product category
- Insurance Claims Administration
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Claims Adjusting (524291), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Claims Administration & TPA Services (FNOL, Subrogation, Litigation Mgmt) (TLABANAH)
Keywords
Where Applied Claims Group is headquartered
LocationHeadquarters
- HQ city
- Addison
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Applied Claims Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Third Party Administration (TPA) Services: The company provides individually tailored claims service and multi-line TPA service programs for clients. Revenue is generated through service fees charged to insurance carriers, self-insured entities, and program administrators for managing the claims process on their behalf.
- Specialized Claims Handling: Revenue from specialized claims services including auto physical damage, catastrophe, property, subrogation, and specialty lines, billed as part of comprehensive claims administration programs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based / Not publicly disclosed |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Applied Claims Group product offering
Product offeringCore offering
Applied Claims Group operates as a multi-line Third Party Administrator (TPA) providing individually tailored full claims service programs for insurance carriers, self-insured entities, and program administrators. The company delivers end-to-end claims administration across auto liability, auto physical damage, catastrophe, property, specialty, and subrogation lines, supported by a national network of property and casualty experts, in-house adjusters and appraisers, 24/7 claim intake, and online portal access for real-time file monitoring.
Product overview
Applied Claims Group operates as a multi-line Third Party Administration (TPA) provider offering a comprehensive portfolio of claims services and branded insurance programs. The core service offerings include six main categories: Auto & General Liability, Auto Physical Damage, Catastrophe, Property, Specialty, and Subrogation. These services are delivered through multiple branded programs and sub-brands including KingsCover (auto and property/liability), Striker, Redstone (Heavy Iron and Construction), Jupiter, Garage, Dealer Open Lot, and FLP. The company provides individually tailored claims service programs and utilizes technology for online claim reporting and status tracking, serving clients across the insurance industry as a member of RISK THEORY.
Differentiator
Problem solved
Functional benefit
Brands
- KingsCover: Claims filing platform for Auto and Property & Liability insurance
- Striker
- Redstone Heavy Iron
- Redstone Construction
- Redstone
- Jupiter
- Garage
- Dealer Open Lot
- FLP
Products and services
- Auto & General Liability Claims Services
Quantifiable outcome
- Settlement solutions for more than 40,000 damaged vehicles annually
- +2 more outcomes
Companies that use Applied Claims Group
Customer profileSegments3 records
Ideal customer profiles3 records
Applied Claims Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Applied Claims Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Risk TheorycoreApplied Claims Group is a member company of Risk Theory, a parent holding company. Risk Theory encompasses affiliated businesses and subsidiaries operating in the insurance and risk management space. ACG operates under the Risk Theory corporate umbrella along with other subsidiary companies.
- Risk PointcoreRisk Point is a sister company under Risk Theory that ACG works closely with. ACG maintains an in-house claims team for Risk Point VIP customers. Risk Point also operates the 'Risk Point Alert' weather threat warning system that warns clients of potential weather threats.
- Redstone UnderwritersminorRedstone Underwriters is an affiliated company under the Risk Theory umbrella. ACG provides claims services for Redstone programs including Redstone Heavy Iron and Redstone Construction. Contact information and dedicated claim reporting forms exist for Redstone products.
- Striker InsuranceminorStriker Insurance is an affiliated company under the Risk Theory umbrella. ACG provides claims services for Striker Insurance products. Dedicated contact and claim reporting pages exist for Striker.
- Jupiter RiskminorJupiter Risk is an affiliated company under the Risk Theory umbrella. ACG provides claims services for Jupiter Risk programs. Dedicated contact and claim reporting forms exist for Jupiter products.
- KingsCoverminorKingsCover is an affiliated insurance brand under the Risk Theory/Applied Claims Group umbrella offering Auto and Property & Liability insurance products. ACG provides dedicated claims services for KingsCover policyholders with dedicated claim reporting forms for KingsCover Auto and Property claims.
- Risk Point (VIP Customers)coreACG maintains an in-house claims team specifically designated for Risk Point VIP customers, indicating a deeper operational integration with this affiliated company.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
Applied Claims Group competitors and assessment
Company assessmentBroad incumbents
- ESIS (Chubb subsidiary): ESIS is the in-house TPA arm of Chubb, providing third-party claims administration and risk management services across P&C lines. Comparable to ACG's TPA service offering but operates with the backing and scale of a major global insurer, representing a different competitive dynamic.
- Mitchell International: Mitchell is a long-established provider of auto physical damage estimating, claims workflow software, and pharmacy solutions to insurers and TPAs. Overlaps with ACG's auto PD service line as a technology enabler rather than a TPA competitor, but a key potential partner or competitor as claims automation advances.
- Crawford & Company: Crawford is a global claims management provider with broad P&C claims administration, loss adjusting, and TPA services across auto, property, CAT, and specialty lines. Closest large public peer to ACG's multi-line TPA offering, and a primary competitor for carrier and self-insured outsourcing contracts.
- Sedgwick: Sedgwick is the largest independent TPA in North America, offering multi-line claims administration including property, casualty, auto, and specialty lines for carriers and self-insureds. Directly comparable to ACG's TPA model but at vastly greater scale, serving as the benchmark incumbent ACG must compete against for carrier outsourcing mandates.
Direct peers
- TRISTAR Insurance Group: TRISTAR is a TPA and program administrator providing claims handling, underwriting, and risk management for specialty P&C programs. Directly comparable to ACG's role serving program administrators and MGAs under Risk Theory's branded programs.
- Pilot Catastrophe Services: Pilot is a specialized CAT claims and adjusting firm providing rapid-response catastrophe deployment across the US. Directly comparable to ACG's catastrophe service line and 48-hour deployment capability, though more focused narrowly on CAT.
- Eberl Claims Service: Eberl is an independent claims TPA providing multi-line claims administration including auto physical damage, property, CAT, and subrogation for carriers and self-insureds. Highly comparable to ACG in scale, service mix, and target customer base, representing the most direct head-to-head competitive peer.
- Adjusters International: Adjusters International is a public adjusting and claims management firm specializing in property and large-loss claims for commercial and residential policyholders. Comparable to ACG's property and CAT service lines, though more focused on policyholder representation rather than carrier-side TPA work.
- Engle Martin & Associates: Engle Martin is a national independent adjusting and claims TPA firm handling auto, property, liability, and CAT claims. Directly comparable to ACG's claims handling model and similar in targeting mid-market carriers and program administrators.
Emerging players
- Snapsheet: Snapsheet is a technology-driven auto claims management platform offering virtual appraisals and digital claims workflows to carriers and TPAs. Comparable to ACG in serving auto physical damage claims, but differentiated by a software-led model that competes for the technology layer ACG currently provides via basic portal tools.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Applied Claims Group social profiles
Digital presenceApplied Claims Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Applied Claims Group leadership team
Management profileNumber of profiles
Applied Claims Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Applied Claims Group 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 Applied Claims Group
What does Applied Claims Group do?
Applied Claims Group operates as a multi-line Third Party Administrator (TPA) providing individually tailored full claims service programs for insurance carriers, self-insured entities, and program administrators. The company delivers end-to-end claims administration across auto liability, auto physical damage, catastrophe, property, specialty, and subrogation lines, supported by a national network of property and casualty experts, in-house adjusters and appraisers, 24/7 claim intake, and online portal access for real-time file monitoring.
Is Applied Claims Group a public or private company?
Applied Claims Group is a private company. It is classified as corporate owned and is currently operating.
When was Applied Claims Group founded?
Applied Claims Group was founded in 2015. It employs 11 to 50 people.
Where is Applied Claims Group based?
Applied Claims Group is headquartered in Addison, United States, in the North America region.
How does Applied Claims Group make money?
Two revenue lines are on record. Third Party Administration (TPA) Services are the primary driver. The others are specialized Claims Handling.
Who are Applied Claims Group's main competitors?
Broad incumbents on record are ESIS (Chubb subsidiary), Mitchell International, Crawford & Company and Sedgwick. Direct peers are TRISTAR Insurance Group, Pilot Catastrophe Services, Eberl Claims Service, Adjusters International and Engle Martin & Associates. Snapsheet is listed as an emerging player.
Does Applied Claims Group have an API?
No public API is recorded for Applied Claims Group.
What industry is Applied Claims Group in?
Applied Claims Group's product category is Insurance Claims Administration. Its primary akta.pro industry code is TLABANAH, Claims Administration & TPA Services (FNOL, Subrogation, Litigation Mgmt). Its NAICS code is 524292 and its SIC code is 6411.