Sedgwick launched a tow and storage negotiation service designed to reduce costs for insurance carriers handling auto claims. The service uses licensed adjusters to negotiate storage and towing fees with repair facilities. The company said the service reduces charges by an average of 32%. Adjusters access the service through a proprietary technology portal that allows […]
Stone Point Capital Acquires Stake in Mitchell International
KKR and Elliott sell stake in collision repair and insurance technology provider Mitchell International, Inc. KKR, and Elliott Management today announced that private equity firm Stone Point Capital LLC are making an investment in Mitchell and acquiring the equity position held by KKR and Elliott Management. Financial terms of the transaction were not disclosed. The […]