Commenting on the Valen UnderRight decision, KESA CEO Greg Buie, said, "As a self-insured fund it is important for us to keep a close eye on how we manage all aspects of our business and the quality of our pricing, underwriting, and claims management processes.
On behalf of the entire Valen team, I would like to extend our appreciation to KESA for their selection of our UnderRight solution and for their vision to become a data and analytics driven company," said Dax Craig, President and CEO of Valen Technologies.
With over 6,000 members and more than $46,000,000 in premiums, KESA is one of the largest and most financially stable providers of workers' compensation in the state.
KESA selected Tropics because it was the right blend of technology, workers' compensation expertise, vendor reputation and features for enhanced productivity.
KESA is a group self-insurance workers' compensation fund headquartered in Louisville, KY.
KESA operates 650 stores in seven countries and is Europe's third largest electrical retailer through brands Darty and BUT in France and Comet in the UK.
The name KESA is already used by analysts to identify the division, standing for King-fisher Electricals with SA added to represent the French equivalent of plc.
Kingfisher also announced Edinburgh-born David Newlands had been appointed chairman to work alongside existing KESA chief executive Jean-Noel Labroue.