(Image credit: Jake Blucker/Unsplash.)
Charles Taylor (London) has announce the acquisition of The Matrix Companies (Cincinnati), a third-party administrator and risk management specialist. Charles characterizes the acquisition as further strengthening the company’s presence in the Midwest as its continue its growth strategy across the U.S.
Founded in 2000, Matrix provides workers’ compensation claims management in Ohio. One of the largest TPAs in the state, Matrix has developed a reputation for providing end-to-end claims solutions with outstanding customer service.
Charles Taylor says the acquisition also broadens its portfolio by including Matrix’s full spectrum of risk management and workplace safety solutions. In turn, the vendor adds, the acquisition provides Matrix clients with national claims and TPA coverage, property/casualty expertise, enhanced technology and sophisticated data and analytics reporting.
“This expansion further solidifies our strategy to deliver comprehensive, best-in-class claims solutions across the U.S,” comments Christopher Schaffer, CEO, Charles Taylor Global TPA. “The Matrix team not only brings us local expertise and enhanced claims capabilities, but also a culture of professionalism and a reputation for remarkable customer service that is at the core of Charles Taylor’s values.”
In addition to workers’ compensation, self-insured TPA and claims management services for employers in Ohio, Matrix offers a portfolio of employment and workforce services, including case management, unemployment administration, Family Medical Leave Act (FMLA) management and disability management for employers across that country.
National Claims Management Services
“Throughout this process, Charles Taylor has proven to be a company who places a high value on providing superior client service while also recognizing the importance of developing, supporting and retaining its employees,” comments Brent Messmer, President and CEO, The Matrix Companies. “With this mindset, we’re excited for the ability to offer national claims management services to clients, while maintaining our people-first culture.”