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Crawford & Company® Names Jemin Thakkar Global Chief Information Officer

MWN-AI** Summary

Crawford & Company, a prominent provider of claims management and outsourcing solutions, has announced the appointment of Jemin Thakkar as its global chief information officer (CIO), effective April 1, 2026. Thakkar, who previously served as the company's chief information security officer, will report directly to President & CEO Bruce Swain and spearhead Crawford's global IT and technology organization.

In his new position, Thakkar will oversee all IT functions, fostering a unified technology structure across the firm. This restructuring aims to bolster Crawford's global governance of technology, promote better data integration and analytics, enhance accountability for technology investments, and accelerate the company's modernization initiatives. Swain expressed confidence in Thakkar's technical expertise and collaborative leadership style, noting that his experience in managing enterprise-level technology and security initiatives positions him to significantly impact Crawford’s growth and resilience.

The newly established global CIO organization will emphasize strong central governance while allowing local execution and accountability. Thakkar plans to prioritize partnerships with business units, striving for client-centered outcomes and enhancing data capabilities to better serve clients and improve the overall customer experience. A key focus will also be on the responsible adoption of artificial intelligence (AI), underpinned by sound data practices and a security-first approach.

Thakkar remarked on the critical role technology plays in managing risk and advancing Crawford's business objectives. His vision centers on driving meaningful transformation and ensuring that the company’s technology investments result in consistent, high-quality service for clients. The organizational changes and strategic focus signal a significant step for Crawford as it seeks to modernize its operations and enhance its service offerings in a competitive landscape.

MWN-AI** Analysis

Crawford & Company’s appointment of Jemin Thakkar as the global Chief Information Officer (CIO) marks a pivotal development in the firm's strategic focus on technology governance and modernization. Thakkar’s extensive experience in cybersecurity, combined with his new responsibilities for the IT function, may enhance Crawford's standing in the competitive claims management sector, potentially making this a favorable time for investors to consider the company’s stock.

Under Thakkar’s leadership, Crawford is likely to adopt a comprehensive approach to IT that emphasizes solid governance and accountability across its regional operations. This alignment will likely facilitate better data integration and analytics, an essential factor for a company that relies heavily on accurate and timely data to service clients efficiently. The introduction of artificial intelligence (AI) into Crawford's operations looks to bolster capabilities further, aimed at driving customer outcomes while enhancing risk management protocols.

From a market perspective, investors should note that Crawford operates in a growing industry. The demand for claims management services is expanding globally, influenced by the intricacies of modern insurance and risk management needs. Thakkar’s initiatives could position the firm for improved operational efficiency, leading to better customer satisfaction and retention—key drivers of long-term profitability.

Moreover, the structured governance model proposed by Thakkar may foster innovation in technology, thereby enhancing Crawford's competitive edge. Investors should keep a close eye on the company’s upcoming quarterly reports, where the implementation of these technological advancements can be gauged through operational metrics and client retention rates.

In conclusion, Crawford & Company appears to be on a potentially transformative journey under Thakkar’s guidance. As their technology capabilities evolve, this may represent a significant opportunity for growth and returns in the coming years, making the stock an attractive prospect for forward-looking investors.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Appointment strengthens global technology governance and modernization

Crawford & Company (NYSE: CRD-A and CRD-B), a leading provider of claims management and outsourcing solutions, today announced that Jemin Thakkar has been named global chief information officer (CIO), effective April 1, 2026. Thakkar will report directly to President & CEO Bruce Swain and will lead Crawford’s global IT and technology organization.

Thakkar has served as Crawford’s chief information security officer, where he helped strengthen the company’s technology foundation and advance its cybersecurity posture. In his expanded role, he will have responsibility for all IT functions, creating a more unified structure across the company. The new organizational model is intended to strengthen how Crawford governs, aligns and executes technology globally, with a focus on enabling better data integration and analytics, creating clearer accountability for technology decisions and investments and accelerating enterprise modernization and transformation.

“Jemin has been a trusted leader at Crawford, with deep technical expertise, a strong risk-management mindset and a collaborative leadership style that has earned the confidence of senior leadership and the board,” said Bruce Swain, president & CEO. “His experience guiding enterprise-level technology and security initiatives positions him well to lead our global IT organization and support Crawford’s long-term growth and resilience.”

The global CIO organization will operate with strong central governance, shared platforms and enterprise alignment, while preserving local execution, accountability and business partnership in each region. As CIO, Thakkar will prioritize partnership with the business and a clear focus on client outcomes – strengthening the technology and data capabilities that help teams serve clients more efficiently, improve responsiveness and elevate the customer experience. In addition, he will lead the company’s efforts to responsibly accelerate the adoption of artificial intelligence (AI), supported by disciplined data practices and security by design.

“Technology plays a critical role in enabling our business, managing risk and protecting the enterprise,” said Jemin Thakkar, global CIO. “As we step into our next chapter, my focus will be on driving meaningful transformation and responsibly accelerating our use of AI, while ensuring our technology investments translate into more consistent, high-quality service for clients. We will approach AI with a strong governance foundation so that innovation and trust advance together.”

About Crawford®

Based in Atlanta, Crawford & Company (NYSE: CRD?A and CRD?B) is a leading global provider of claims management and outsourcing solutions to insurance companies and self?insured entities with an expansive network serving clients in more than 70 countries. The Company’s two classes of stock are substantially identical, except with respect to voting rights for the Class B Common Stock (CRD-B) and protections for the non-voting Class A Common Stock (CRD-A). More information is available at www.crawco.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20260401621803/en/

Media Contacts: mediarelations@us.crawco.com

Lynn Cufley
+44 207 265 4067
Lynn.Cufley@crawco.uk

Claire Barth
+1 678 215 7031
Claire_Barth@us.crawco.com

FAQ**

How will Jemin Thakkar's appointment as global CIO impact the overall technology strategy of Crawford & Company CRD.B in enhancing client service delivery?

Jemin Thakkar's appointment as global CIO is likely to drive innovation and alignment in Crawford & Company CRD.B's technology strategy, ultimately enhancing client service delivery through improved efficiency, data analytics, and tailored solutions.

What specific initiatives does Crawford & Company CRD.B plan to implement under Thakkar's leadership to improve data integration and analytics?

Under Thakkar's leadership, Crawford & Company CRD.B plans to enhance data integration and analytics through advanced technology adoption, strategic partnerships, and the development of comprehensive data ecosystems to drive operational efficiency and improve customer insights.

In what ways is Crawford & Company CRD.B preparing to accelerate the adoption of AI while ensuring strong governance and security measures?

Crawford & Company CRD.B is enhancing AI adoption by investing in advanced technologies, fostering a culture of innovation, implementing robust governance frameworks, and prioritizing data security through comprehensive risk management protocols.

How does Thakkar's role aim to balance central governance with local execution and accountability within Crawford & Company CRD.B?

Thakkar's role at Crawford & Company CRD.B strives to harmonize central governance with local execution by implementing strategic frameworks that empower local teams while ensuring adherence to overarching corporate policies and accountability standards.

**MWN-AI FAQ is based on asking OpenAI questions about Crawford & Company (NYSE: CRD.B).

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