Specialty Group
Specialty Group, Inc. is a Winter Park, Florida-based multiline insurance claims adjusting firm founded in 1995 that served US insurance carriers and policyholders until being acquired by Custard Companies in 2022, after which its operations were redirected to the acquirer's platforms.
- Company typePrivate
- Founded1995
- HeadquartersWinter Park, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Specialty Group does
Specialty Group, Inc. is a US-based, privately held insurance claims adjustment company headquartered in Winter Park, Florida. Founded in 1995 and operating with 51-100 employees, the firm provided multiline claims adjusting services to insurance carriers and policyholders, handling claims processing and adjustment on behalf of insurance industry clients. The company's go-to-market was direct: customers accessed accounts through a Filetrac-hosted customer login and submitted assignments via web portals, with phone and email as supporting channels. No pricing, revenue model, or product-level details are publicly disclosed.
In 2022, Specialty Group was acquired by Custard Companies (Custard Insurance Adjusters, Inc.), a full-service multiline adjusting firm that has operated since 1962. Following the acquisition, Specialty Group's customer-facing operations were redirected to Custard's platforms, and Custard extended service capabilities to Specialty Group's book through Riverwood Claims Management, Inc., a newly created third-party administrator entity. The Specialty Group website now functions primarily as an acquisition notice pointing customers to custard.com for assignments and inquiries. As a result, Specialty Group operates as a subsidiary within Custard's broader adjusting franchise rather than as an independent growth-stage company.
Specialty Group firmographics
Firmographics- Name
- Specialty Group
- Legal name
- Specialty Group, Inc.
- Website
- https://specialtygroupinc.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Specialty Group, Inc. is a Winter Park, Florida-based multiline insurance claims adjusting firm founded in 1995 that served US insurance carriers and policyholders until being acquired by Custard Companies in 2022, after which its operations were redirected to the acquirer's platforms.
- Ownership category
- akta.pro rank
Where Specialty Group is headquartered
LocationHeadquarters
- HQ city
- Winter Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Specialty Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Specialty Group product offering
Product offeringCore offering
Specialty Group, Inc. is an insurance claims adjusting firm founded in 1995 and based in Winter Park, Florida, providing multiline insurance claims adjustment and related services to insurance carriers and policyholders. In 2022 the company was acquired by Custard Companies (Custard Insurance Adjusters, Inc.) and now operates within Custard's nationwide full-service multiline adjusting network, with complementary third-party administration capabilities available through Custard's TPA entity, Riverwood Claims Management, Inc.
Product overview
Specialty Group, Inc. is an insurance adjusting company that was acquired by Custard Companies. The company provides multiline adjusting services for insurance claims management. The source content focuses on the acquisition announcement rather than detailing specific product offerings or service modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Multiline Insurance Claims Adjusting Multiline insurance claims adjusting service that handles insurance claims for insurance carriers and policyholders across the United States, delivered as part of Custard Insurance Adjusters' nationwide adjusting network. The service covers routine and complex loss adjustment across multiple lines of business.
Companies that use Specialty Group
Customer profileSegments1 record
Ideal customer profiles1 record
Specialty Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Specialty Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Custard Companies (Custard Insurance Adjusters, Inc.)coreSpecialty Group, Inc. has been acquired by Custard Companies. Custard Insurance Adjusters is a full-service multiline adjusting company that began operations in 1962. The acquisition allows Specialty Group customers to retain high level of service at both regional and national levels. Custard has enhanced service offerings through newly created TPA entity, Riverwood Claims Management, Inc.
Recent moves3 records
Expansion highlights3 records
Specialty Group competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Specialty Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Specialty Group leadership team
Management profileNumber of profiles
Specialty Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Specialty 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 Specialty Group
What does Specialty Group do?
Specialty Group, Inc. is an insurance claims adjusting firm founded in 1995 and based in Winter Park, Florida, providing multiline insurance claims adjustment and related services to insurance carriers and policyholders. In 2022 the company was acquired by Custard Companies (Custard Insurance Adjusters, Inc.) and now operates within Custard's nationwide full-service multiline adjusting network, with complementary third-party administration capabilities available through Custard's TPA entity, Riverwood Claims Management, Inc.
Is Specialty Group a public or private company?
Specialty Group is a private company. It is classified as corporate owned and is currently acquired.
When was Specialty Group founded?
Specialty Group was founded in 1995. It employs 51 to 100 people.
Where is Specialty Group based?
Specialty Group is headquartered in Winter Park, United States, in the North America region.
Does Specialty Group have an API?
No public API is recorded for Specialty Group.