Charles Taylor is delighted to announce the acquisition of The Matrix Companies (Matrix), a third-party administrator (TPA) and risk management specialist.
Founded in 2000, Matrix has established itself as a leading provider of workers’ compensation claims management in Ohio. As one of the largest TPAs in the state, Matrix has an exceptional reputation for providing end-to-end claims solutions with outstanding customer service. This acquisition further strengthens Charles Taylor’s presence in the Midwest as we continue our growth strategy across the country.
The acquisition also broadens Charles Taylor’s portfolio by including Matrix’s full spectrum of risk management and workplace safety solutions. In turn, 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,” stated Christopher Schaffer, Chief Executive Officer for 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 wide portfolio of employment and workforce services, including case management, unemployment administration, Family Medical Leave Act (FMLA) management and disability management for employers across the country.
“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,” stated Brent Messmer, President and CEO of 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”.