Good morning. My name is Michelle, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the Crawford & Company 4th quarter and full year 2022 earnings release conference call. In conjunction with this call, a supplementary financial presentation is available on our website at www.crawco.com, under Investor Relations section. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer period. Instructions will follow at that time. Should anyone need assistance at any time during this conference, please press star then zero, and an operator will assist you. As a reminder, ladies and gentlemen, this conference is being recorded today, Tuesday, March 7th, 2023. Now, I would like to introduce Tami Stevenson, Crawford & Company's General Counsel. Please go ahead. Thank you, Michelle. Some of the matters to be discussed in this conference call and in the supplementary financial presentation may include forward-looking statements that involve risks and uncertainties. These statements relate to, among other things, our expected future operating results and financial conditions, our ability to grow our revenues and reduce our operating expenses, expectations regarding our anticipated contributions to our underfunded defined benefit pension plans, collectibility of our billed and unbilled accounts receivable, financial results from our recently completed acquisitions, our continued compliance with the financial and other covenants contained in our financing agreement, our long-term capital resource and liquidity requirements, and our ability to pay dividends in the future. The company's actual results achieved in future quarters could differ materially from the results that may be implied by such forward-looking statements. The company undertakes no obligation to publicly release revisions to any forward-looking statements made in this conference call to reflect events or circumstances occurring after the date of the call or to reflect the occurrence of any unanticipated events. In addition, you are reminded that operating results for any historical period are not necessarily indicative of results to be expected for any future period. For a complete discussion regarding factors which could affect the company's financial performance, please refer to the company's Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission, particularly the information under the headings Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operations, as well as subsequent company filings with the SEC. This presentation also includes certain non-GAAP financial measures as defined under SEC rules. As required, a reconciliation is provided for those measures to the most directly comparable GAAP measures. I would now like to introduce Mr. Rohit Verma, Chief Executive Officer of Crawford & Company. Rohit. Thank you, Tami. Good morning and welcome to our 4th quarter and full year 2022 earnings call. Joining me today is Bruce Swain, our Chief Financial Officer, Joseph Blanco, our President, and Tami Stevenson, our General Counsel. After our prepared remarks, we will open the call for your questions. Before we begin, I would like to extend our thoughts to all those that have been impacted by the devastating earthquakes that hit Turkey and Syria in early February. The severity and frequency of catastrophic events continues to increase and is making our work even more meaningful in these difficult times. I convey my sincere gratitude to all insurance professionals and rescue workers engaged in helping those that have been impacted. Turning to our results, Crawford delivered record revenue in the 4th quarter and the full year, highlighting the significant progress we have made on our long-term growth strategy. For the full year, revenues reached nearly $1.2 billion, an increase of 8% over the prior year or 11% on a constant currency basis. This quarter marked our ninth straight quarter of revenue growth. Since we laid out our growth strategy two years ago, we have consistently delivered top-line expansion, which highlights the strong execution and dedication of our global team. In North America Loss Adjusting, we shared our growth plan that was centered on building our team of experts for large and complex accounts and expanding our U.S. footprint to drive deeper penetration in local and regional markets. We are currently well ahead on our hiring goals, and as a result, our sales momentum with large and complex claims is increasing, while at the same time, we are driving market share gains with local and regional carriers. We have seen increasing demand for our differentiated services as claims complexity rises and carriers continue to outsource large and complex claims. Our strategy within platforms is to reimagine traditional claims management by bringing together network resources and technology that transforms the current insurance claims ecosystem. We focus our efforts on continued innovation and scaling the business, as well as deepening relationships with the top 10 carriers to drive growth in this segment. Increased activity in our Networks business, as well as the contributions from Praxis, continue to support our top-line growth. Importantly, within our platforms business, we are now partnered with eight of the top 10 P&C carriers in the U.S. Revenue in Broadspire grew at mid-single digits in 2022, driven by our differentiated technology capabilities, which have resulted in increased sales. In International, we had shared that our expectations for top-line growth for this segment was low single digits. However, ongoing activities related to the catastrophic flooding in Australia drove a 9% increase in International revenues on a constant currency basis in 2022. We expect the growth in International to normalize to mid-single digit levels moving forward. Overall, we are extremely pleased that our strategy to grow the top line across all our businesses is yielding results and performing in line, and in certain cases, better than our expectations. Turning now to our approach on improving margins. We remain focused on ensuring our revenue growth translates into expanded profitability across the company. For the year, we delivered margin expansion in North America Loss Adjusting as well as Broadspire. The ongoing investments we have made, including adding experts, closing geographic market gaps, and investing in quality are driving improved margins across the business. We expect to see further margin and profitability expansion as our new hires ramp, and we continue scaling the North America Loss Adjusting business. Additionally, our work to improve underpriced accounts is showing encouraging results. Operating leverage from new sales growth as well as an accelerated recovery in Medical Management should boost margins in Broadspire. Our profit contribution from Platform Solutions was strong. The operating margin was lowered compared to the prior year due to the impact of decreased weather frequency in our Contractor Connection business and a mixed shift impact from increased growth in our Networks business. We expect margins to get even stronger as frequency rebounds and our pricing changes take effect. Margins across our International Operations remain challenged. In past quarters, we laid out the deliberate actions we are taking to improve margins in the business. This includes pricing, productivity improvement, new systems and improved processes, and aligning our cost structure to current market conditions. These actions continue, and early indications show that they are bearing fruit. We have made leadership changes, addressed unfavorable contracts and pricing tiers to improve underlying profitability issues. While there's more work to do, we remain confident that we're making the necessary changes to turn the tide, and we expect to see improvement in first quarter of 2023. We are continuing to execute on our capital allocation strategy, which includes further strengthening our financial position. We leverage our liquidity to fund working capital needs related to the storm activities in the U.S. during the fourth quarter. We expect improved cash generation as we move forward, which we will use to pay down debt and guide our leverage ratio to a target of well below 2x EBITDA by the end of 2023. We look forward, we are committing to expanding margins and improving profitability across the business. Our $127 million of new business wins in 2022, combined with our pricing focus, support our confidence in sustained revenue growth and profit expansion. We are in a solid financial position, we feel confident in our ability to continue executing on our growth strategy while navigating an evolving macroeconomic environment. With that, I'd like to hand the call over to Joseph, who will discuss our business line results for the year. Thanks, Rohit. Beginning with our North America Loss Adjusting business, we experienced double-digit revenue growth and expanded operating margins in both the fourth quarter and the full year. Throughout 2022, we demonstrated our ability to execute on our long-term strategy as we continued to deepen our relationships with both large and small to mid-size U.S. carriers. Full-year revenues grew 13% with a strong contribution from increased activity related to Hurricane Ian and Winter Storm Elliott, as well as recovering economic activity in Canada and the full-year impact of the 2021 edjuster acquisition. On the major and complex side, we have nearly doubled our U.S. revenues in the past three years, driven by our targeted investments and expertise and expanded relationships with large carriers. We are also increasing account nominations with more key corporate clients, including a leading global restaurant chain, a commercial real estate developer, and a leading automotive OEM. Despite a very competitive labor market in 2022, we onboarded more than 100 specialist adjusters across our major and complex business worldwide, with just under half added in North America alone. We exceeded our 2021 additions and are within reach of our previously outlined 3-year goal of hiring 200 specialist adjusters nearly one year early. This underscores our reputation as a top-tier destination for adjusting talent as we expand our focus areas and capabilities. On the volume side, we made progress in 2022 by expanding our robust sales pipeline across the U.S. and driving new business wins. We saw the benefits of our strategy play out in the fourth quarter as utilization improved. We were able to capture increased claims volume, which rapidly accelerated from Hurricane Ian and Winter Storm Elliott. Our Broadspire business delivered increased revenue and margins in 2022. We saw improved traction from our focus efforts to expand the outsource business with carriers in alternative markets, as well as increased data and analytical services work. Revenues were up over 4% for the full year compared to the prior year, with favorable results across all TPA claim services. We expect further improvements within Broadspire as Medical Management claims continue to recover, aided by new and existing client wins as well as healthy pricing. Turning to Platform Solutions, the segment experienced double-digit revenue growth and healthy margins in 2022, bolstered by strength from our Networks business and the acquisition of Praxis. We saw a meaningful contribution from our CAT business in 2022, driven by our efforts to scale our offerings. We expanded the size and quality of our team to support larger events, which resulted in a more than 10% increase in total distinct adjusters deployed in 2022 compared to 2021. Our investments in technology continue to drive reductions in deployment time. We also made good progress diversifying our revenue base with increased staff augmentation work from the top five carrier client, giving us more confidence in the relationships that we've built and the future success of the business. Contractor Connection experienced weaker claims frequency for the majority of 2022. Activity picked up in December, which drove increased volume late in the year. Onboarding a new top five carrier and pricing actions support our optimistic outlook for growth in 2023. Looking beyond North America, as Rohit mentioned, our International Operations continue to be a major focal point. Throughout 2022, we experienced strength in Australia as unprecedented flooding in Queensland and New South Wales continued to drive increased claims activity. This partially offset ongoing weakness related to certain business lines in the U.K. and Europe. We took decisive action and implemented a series of cost efficiency initiatives to improve our margin profile, enhance the agility of the segment, and drive profitability over the long term. As a result, we incurred approximately $4 million of severance charges in the fourth quarter. There's tremendous optimism from our leaders on the changes we are implementing for the International business. We are encouraged by the early signs we are seeing so far in 2023. We expect to see meaningful improvement as the year progresses. Overall, we are confident in our long-term prospects despite short-term weakness in the select parts of the business. We enter 2023 with good momentum and remain focused on further executing on our long-term strategy. We won over $35 million of new and enhanced business in the Q4, bringing our total new business wins in 2022 to $127 million. Our NPS score remains healthy at 45, and we are continuously looking for opportunities to improve our score. We retained 94% of our U.S. Broadspire business in 2022, and we are increasing market share with key carrier clients. As a global leader, we believe diversity, equity, and inclusion is a key differentiator across our operations internationally. We seek to create a safe and inclusive environment where every employee's unique perspective and experiences are heard, valued, and respected. We're seeing the impact of our DEI initiatives, not only in big markets like the U.S., but in other key markets such as Latin America, where we have made strides to improve the diversity of our workforce in this region. Today, we have approximately 700 employees, a four-fold increase compared to 2019. As of the end of the fourth quarter, women comprise 45% of our Latin American workforce and 30% of our leaders in the region. 48% of our Latin American workforce belongs to minority groups, including women, LGBTQ+, Afro descendants, and employees with disabilities. We recently conducted an employee pulse survey in the region, which yielded favorable results. 89% of employees indicated they do not face any bias due to their personal identity, and 86% of employees feel empowered to make the decisions needed to do their job. Latin American employees are also among those recognized globally for their DEI efforts. We've established DEI committees in Brazil, Chile, and Colombia, created partnerships with Women in Insurance in Brazil, and supported a group of our employees in Chile who were certified in labor inclusion. These are just a few examples of the outstanding work being done across the region. We look forward to seeing the continued progress. We are also proud that Crawford is being recognized for our DEI efforts globally. In 2022, we won Insurance Business 5-Star Diversity, Equity and Inclusion Award and the top prize for Diversity and Inclusion at the UK Customer Service Awards. These awards highlight Crawford's unique approach to breaking down industry barriers and improving social mobility through our talent acquisition model. Enhancing the safety and well-being of our employees is a key component of our success and a foundational pillar of our broader ESG program. We believe these initiatives are fundamental to our ability to execute our broader growth strategy and our ability to fulfill our purpose to restore lives, businesses, and communities. With that, let me turn the call over to Bruce for a deeper look at our financial performance. Thank you, Joseph. Company-wide revenues before reimbursements in the 2022 fourth quarter were a record $322.2 million, up 10% from $292.9 million in the prior year quarter. Foreign exchange rates decreased revenues by $14.5 million or 5% for the quarter. On a constant dollar basis, revenues totaled $336.7 million, representing growth of 15%. GAAP diluted EPS in the 2022 fourth quarter was -$0.29 for both CRDA and CRDB, compared to earnings of $0.03 for both share classes in the 2021 period. On a non-GAAP basis, fourth quarter 2022 diluted EPS was $0.23 for both CRDA and CRDB, compared with $0.07 for both share classes in the 2021 period. As we mentioned on the third quarter call, the income tax benefit from the goodwill impairment normalized through our effective tax rate in the fourth quarter and resulted in $12.4 million in additional tax expense or $0.25 per share. In addition, the company recorded an income tax reserve of $11.8 million or $0.24 per share on certain international tax assets during the 2022 fourth quarter. The company's non-GAAP operating earnings totaled $23.3 million in the 2022 fourth quarter or 7.2% of revenues, increasing from $9.1 million or 3.1% of revenues in the prior year period. Consolidated adjusted EBITDA was $30.8 million in the 2022 fourth quarter or 9.6% of revenues, compared to $17.6 million or 6% of revenues in the 2021 quarter. I'll now review the fourth quarter performance of each of our segments. North America Loss Adjusting revenues totaled $77.7 million in the 2022 fourth quarter, up 16.1% from $66.9 million reported in last year's quarter. Foreign exchange rate impacts were insignificant in the quarter. The segment reported operating earnings of $8.9 million in the 2022 fourth quarter, up from $3.2 million reported in last year's quarter. The operating margin was 11.5% in the 2022 quarter compared to 4.8% in the prior period. The increase in operating margin was related to increased weather-related activity during the quarter. Broadspire revenues were $78.6 million in the 2022 fourth quarter, increasing 4.7% from $75.1 million in the 2021 period. Broadspire operating earnings were $6.7 million during the 2022 fourth quarter, increasing from last year's fourth quarter operating earnings of $4.5 million. The operating margin in this segment was 8.6% in the 2022 quarter compared to 6% in the 2021 period from sales momentum and operating leverage. Revenues for Platform Solutions were $77.4 million in the 2022 fourth quarter, up 23.7% over the $62.6 million in the prior year quarter, including $1.7 million of incremental revenues from the Praxis acquisition. Operating earnings in Platform Solutions totaled $13 million or 16.8% of revenues in the 2022 fourth quarter, increasing over operating earnings of $9.2 million or 14.7% of revenues in the prior year quarter. Expanding margins in our network service line and the positive contribution from the Praxis acquisition drove the profit improvements. International Operations revenues totaled $88.4 million in the 2022 fourth quarter, including $1.3 million from the BosBoon and Van Dijk acquisitions, up slightly from $88.3 million reported in last year's quarter. On a constant currency basis, revenues were up $12.9 million, representing growth of 14.6%. The segment reported an operating loss of $5.6 million in the 2022 fourth quarter compared to operating earnings of $1.5 million reported in last year's quarter. The operating margin was - 6.4% in the 2022 quarter compared to 1.7% in the 2021 quarter. Costs associated with severance and other realignment activities of $4.1 million contributed to the earnings decline in the quarter. Unallocated corporate credits were $300,000 in the 2022 fourth quarter compared to cost of $9.4 million in the 2021 period. This decrease was primarily due to a $3.6 million reduction in incentive compensation and a $6.1 million reduction in professional fees and other unallocated expenses. During the 2022 fourth quarter, we recognized an $11.8 million income tax reserve primarily related to previously benefited tax losses in certain international jurisdictions. These tax attributes currently do not expire, and we believe we will utilize them in future years as our profitability in these jurisdictions improves. As previously mentioned, due to the required non-discrete income tax treatment of the third quarter goodwill impairment, the income tax benefit of the impairment was reduced in the fourth quarter by $12.4 million. We recognized a pre-tax contingent earn out credit totaling $300,000 in the 2022 fourth quarter. For the year, this was a $2.9 million expense. This was a result of changes to projections of certain of our recently acquired entities. We did not repurchase any shares in the 2022 fourth quarter. For the full year, the company repurchased approximately 2.7 million shares of CRDA and 963,000 shares of CRDB at an average cost per share of $7.41 and $7.32, respectively. The total cost of share repurchases during 2022 was $26.7 million. The company's cash and cash equivalent position as of December 31, 2022 totaled $46 million compared to $53.2 million as of December 31, 2021. We made no discretionary contributions to our U.S. defined benefit pension plan during 2022. Although the company has made these contributions in the past, given the overall improvement in funding levels over the last several years, we don't intend to make contributions in 2023. The company's total debt outstanding as of December 31, 2022 totaled $238.9 million compared with $175 million as of the 2021 year end, reflecting borrowings to fund capital expenditures, acquisitions, dividends, and share repurchases. Net debt stood at $192.9 million as of December 31, 2022, while our leverage ratio under our credit agreement closed at 2.16x EBITDA. Our pension liability was $25.9 million at the end of 2022, with our U.S. pension funding level at 92%. Cash provided by operations totaled $27.6 million during 2022 as compared with $54.3 million provided in 2021. The decrease in cash provided by operating activities was primarily due to a $19.7 million increase in the change in build and unbilled accounts receivable as a result of the recent surge in weather-related activity in the US and Australia. A $12.3 million increase in incentive compensation and accrued compensation payments. We expect our working capital to improve in 2023. We received $7.9 million in CEWS payments in 2021 that were not present in 2022, which was largely offset by a $9 million cash benefit in 2022 from a reduction in defined benefit pension contributions. Free cash flow was - $7 million in 2022, compared with a positive $23.4 million in the prior year. With that, I would like to turn the call back to Rohit for concluding remarks. Thank you, Bruce. 2022 marked another year of strength and resiliency for Crawford as we delivered on our purpose. Our results highlight our effective growth strategy, which drove our record revenue for the year. We remain committed to ensuring this growth translates into expanded profitability across the company. We enter 2023 with positive momentum and further strength of resolve to return to profitability in International. Overall, we believe we are in a solid financial position. We are confident in our ability to deliver enhanced growth and profitability as well as return value to our shareholders. Thank you for your time today. Michelle, please open the call for questions. Thank you. At this time, if you would like to ask a question, please press star then the number one on your telephone keypad. To withdraw your question, press the star then the number two. If you are using a speakerphone, please pick up your handset before asking your question. We will pause for just a moment to compile the Q&A roster. The first question comes from Kevin Steinke of Barrington Research. Please go ahead. Good morning. Congratulations on the strong results. Thank you, Kevin. Thank you, Kevin. How are you? I'm great. How are you? Good. Good. Good. I wanted to ask, in terms of SG&A expenses on the as shown on the income statement, we're actually, you know, slightly down sequentially and down year over year, and that helped you achieve some strong operating leverage. Are there some cost initiatives that are helping that line, or was there anything kinda one time that benefited that? Just, you know, how would you think about that SG&A line trending going forward? Yeah. Kevin, there are three or four factors. Some of them are one time, others are, more structured. I'll let Bruce go into the detail of that. Sure. Yep. Kevin, it's Bruce. We had some cost in the 2021 fourth quarter that took our profits down in last year's quarter that weren't continuing in 2022. That's a piece of it. We also had lower incentive compensation this year compared to 2021, which is also showing up in that line as well. Last year, we had higher professional fees for a number of things. We were more acquisitive in 2021 than we were in 2022. The absence of those costs is also helping the SG&A line. Okay. you know, prospectively going forward, you know, I'm guessing that's you feel like you could grow the top line faster than SG&A expenses. Is that correct? That's the goal. We think that our administrative cost base is leverageable and that we should be able to put material amount of revenue on the top line without a corresponding increase in SG&A. I mean, there will be certain areas that we invest in as we go forward, but kind of the core back office functions are very leverageable for the company. Okay, great. I think you mentioned in your prepared comments, North America Loss Adjusting margins, you know, obviously expanded in 2022. I believe you said you feel like you can continue to expand margins going forward. Are we at a point where, you know, you're beginning to leverage those investments and specialist adjusters and the revenue associated with those investments is going to start helping to drive that leverage and margin expansion? That's correct, Kevin. We believe that there is still a significant headroom for us to grow in that space. We're not slowing down our investment, but we certainly believe that the investments that we've made so far are demonstrating the results and encouraging us to continue the investment profile in that business. Okay, great. It, it sounds like you're making good progress on the International front. Obviously, there are some severance expenses in the quarter that impacted the operating earnings for International, but, you know, I assume that'll help drive some of the improvement in 2023. Can you just talk about maybe, again, outline the factors that you expect to drive, International improvement as we move throughout this year? For sure. You know, if you just looked at, if you netted the Severance expense out and you looked at Q4 versus Q3, our margin already shows an improvement, albeit it's still below where we expect it to be. I think when we look at Q1, the way we are seeing the momentum continue, we believe the margins will continue to grow. It's certainly behind the timeline that we would have wanted. Ideally, we should have seen margins to our desired levels by Q4. As, as I've shared with you before, that making some changes in International has taken longer than what we anticipated. We believe that we're on a solid trajectory. In terms of the changes, as I've outlined in the script, we've made changes to our pricing where we believe we needed to. We've realigned our management structure to align more with our markets that we serve. We have taken some very specific contracts which were not written in our favor and basically have exited those contracts or at least terminated those specific parts of the contract. All those things we believe are helping. We've also had a renewed focus on changing our mix of business, particularly in places like Europe, as I've mentioned before, to not be so heavily invested in pure travel and entertainment-based business, but focus more on things like construction and other aspects of industry verticals that we believe are more resilient to an economic cycle. That's what's giving us the confidence for International. As I outlined, there's clearly more work to be done, but we are extremely encouraged by the results that we're seeing already. Okay, good. You called out an improvement in Medical Management trends. Can you just touch on that? Do you think you're actually starting to see the kind of recovery here that seems to have been delayed for quite a while? Yeah, we are seeing some recovery. I mean, I think if we look at 2021, that was roughly about 18% below pre-pandemic levels. I think we're now close to somewhere between 10%-12% below the pre-pandemic levels. We believe that we are making the recovery that we need to make. It's been, again, slower than what we would expect it to be. We still haven't come across a true secular trend of lower use of Medical Management, we just believe that because more people are working from home, travel patterns have changed, those things are impacting Medical Management because we certainly see the claims frequency coming back up, but we haven't seen that medical frequency come back up. Okay. Lastly, yeah, obviously a lot of discussion about macroeconomic uncertainty and just wondering if you're seeing anything in your business that would indicate that, you know, macroeconomic uncertainty is starting to impact claims volume or any other indicators on that front that you would call out? Kevin, that's a great question, we have been earnestly looking for patterns, but we have not spotted any pattern in terms of RFP activity, in terms of engagement with customers, claims activity, our clients, taking on new ventures. We have not seen any of that, at least in our client base that would indicate any kind from an economic activity standpoint. We are looking for that pattern as well, but have not spotted anything. Okay. Thanks for the insight. I'll turn it over. Thanks. Thanks. Thanks, Kevin. Thanks, Kevin. Thank you. The next question comes from Maxwell Fritscher of Truist Securities. Please go ahead. Hi. Good morning. I'm calling in for Mark Hughes. Y'all touched on most of my questions I had, but I just had one quick one. A few quarters ago, y'all had mentioned that many of your competitors, or at least some of your competitors, were operating in the 6x-7x EBITDA leverage range. With y'all sitting at 2.1x, I'm wondering if y'all have seen any direct benefits from that, you know, in this higher for longer rate environment? Well, it's hard to say that we're seeing, we can, you know, we can specifically point out the benefits that I can attribute to a certain competitor. What I can tell you is that as we are out in the marketplace and engaging with clients, we certainly believe that our capital structure and our debt position allows us to make much investments on a much more longer term, create partnerships that span over a much longer period of time as we are not constrained by any kind of, you know, leverage max out. Those are the benefits that we talk about. It gives us the ability to, from a capital expense perspective, it gives us tremendous flexibility to make capital expense and candidly be prepared for any kind of macro environment that comes our way or any kind of competitive environment that comes our way. That's how I would say, it's helping us, specifically because we don't really discuss that in the marketplace. Okay. Thank you. Thank you. Thank you. There are no further questions. I will turn the call back to Mr. Verma for closing remarks. Thank you, Michelle. Once again, in 2022, we made tremendous progress in advancing our strategic growth objectives. We enter 2023 with an optimistic outlook and remain focused on delivering further value for our shareholders. We look forward to having you join us on the journey ahead, thank you for your continuing support. Thank you, God bless. Thank you for participating in today's Crawford & Company conference call. This call will be available for replay beginning at 11:30 A.M. Eastern Standard Time today through 11:59 P.M. on April 7th, 2023. The conference ID number for the replay is 567314. The number to dial for the replay is 877-674-7070 or 416-764-8692. Thank you. You may now disconnect.