Kemper, In Another Strategy Shift, Sells Its Service Platform
Kemper Insurance Companies, the beleaguered Long Grove, Ill.-based insurer, has sold off its service platform, Kemper Services, to Platinum Equity, LLC, an information technology investment and acquisition firm headquartered in Los Angeles.
Kemper Services, with more than 50 offices nationwide, posted some $374 million in revenue last year. It provides claims management services; disability, integrated return to work and absentee management programs; medical management services; and risk and safety consulting services.
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