CorVel is a finance company focusing on risk management solutions, technology-driven interventions, and performance-driven programs. Founded in 1987 and headquartered in Irvine, California, the company caters to employers, third-party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. Utilizing a robust technology platform, CorVel connects clients with critical intelligence and resources essential for proactive risk management. The national team of associates aims to deliver tailored programs that align with their client's performance goals.
The company fosters a diverse workforce, including 77.3% female employees and 37.9% ethnic minorities. Political affiliations vary among employees; however, the company enjoys excellent employee retention, with staff members staying for 4.1 years on average. CorVel has 3,500 employees and generates annual revenue of $596 million. Despite offering comparatively lower salaries than some competitors, the overall work environment remains positive under the leadership of CEO Michael G. Combs.
