LONG BEACH, Calif.--(BUSINESS WIRE)--Hazelrigg Claims Management Services (HCMS) has merged with TRISTAR Insurance Group, Inc. (TRISTAR), the largest privately owned, independent third-party claims administrator in the United States. The transaction is effective January 1st, 2021.
TRISTAR and HCMS both have impressive reputations for quality customer service within the risk management community. This merger is a significant strategic step in expanding TRISTAR's footprint, and the combined company will create a diversified portfolio in the California market.
Commenting on the merger, Arlene Hazelrigg, HCMS President, stated: "The partnership is a perfect fit because both HCMS and TRISTAR share the same philosophy, passion for customer service, and work ethic. We believe this partnership will take both our organizations to the next level and offer even greater customer service to our clients."
Tom Veale, President of TRISTAR, stated: "We are excited to have the Hazelrigg team join our firm. As a leader in the public agency and private sector markets, they will significantly strengthen both our worker's compensation and liability practices in California."
Both Arlene Hazelrigg, HCMS President, and Dan Madrigal, HCMS CFO, will stay on with TRISTAR, and all HCMS employees will continue operating out of the existing California locations at both Chino Hills and Oakland. Terms of the transaction were not disclosed.
About TRISTAR (www.tristarrisk.com)
TRISTAR is the largest privately owned, independent third-party claims administrator in the United States. Founded in 1987, TRISTAR provides excellent claims and risk management services to a variety of clients, including self-insureds, insurance carriers, program underwriters, public entities, and risk pools. With corporate offices in Long Beach, CA, TRISTAR has 800 plus employees located in 32 offices serving all 50 states.
About HCMS (www.hazelriggclaims.com)
Established in 2013, HCMS ranks among the top workers' compensation and liability claims administrators in California. HCMS provides expert claims service to its clientele in both the public and private sector through self-insured and fully insured programs. Known for its proactive and responsive philosophy in cost containment, HCMS also provides extraordinary professional and personalized claims management service to their customers.