After nearly two years of assessment, analysis, planning, and negotiation by Signal Mutual’s Board of Directors; our long-time, independent adjusting partners; and the Managers’ executive and claims staff, we are delighted to announce that Sage Adjusting, LLC will go live on December 3, 2018.
Sage Adjusting, LLC will consolidate four of the five independent third-party Longshore claims administration firms employed by the Association to handle its claims—Lamorte Burns, AS&G, Acclaim, and Charles Taylor TPA—integrating them into a single entity more directly aligned with and controlled by the Association and its Managers. Offshore claims specialist, Coastal Risk Services, will continue to operate independently, reporting to Sage Adjusting’s transformational leadership. This new adjusting model will provide Signal’s Membership with improved claims processes, services and outcomes at a reduced cost, via Sage’s unified claims handling platform. We welcome the nearly 100 talented, hard-working adjusters who will transition to the new company.
Sage Adjusting, LLC is the culmination of extensive effort and work over the last 18 months by numerous Signal stakeholders in the service of the Association’s Membership. It also represents a strategic investment of Signal’s available capital, and a deepening of the partnership between the Association and its Manager, Charles Taylor plc. While there is still much work to be done as Sage “goes live,” on behalf of the Managers, I want to give my sincere thanks to all the parties whose hard work and dedication have made this achievement possible.
We look forward to continuing the dialog with you on Sage. For any questions in relation to Sage Adjusting, LLC please feel free to contact myself, or Sage Adjusting’s CEO, Chris Schaffer.
Richard W. Wood
Chief Executive Officer