Sedgwick Group

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Group.png Sedgwick Group  Rdf-entity.pngRdf-icon.png
Sedgwick.png

Sedgwick Group plc is a very large British insurance broker which was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. However, it was taken over by the US Marsh & McLennan group in December 1998.[1]

In April 2018, Sedgwick acquired Cunningham Lindsey, a global loss adjusting, claims management and risk solutions firm. The Cunningham Lindsey group included a range of services addressing all aspects of the risk management life cycle, including pre- and post-loss; their specialties in loss adjusting, third-party claims administration, global account management, forensic engineering, and restoration and repair consulting, among others, notably complement the existing offerings of Sedgwick and subsidiary Vericlaim.

“Joining forces with Sedgwick and Vericlaim presents an opportunity to provide our clients an end-to-end service solution around the world,” said Jane Tutoki, global CEO of Cunningham Lindsey.
“Our vision is to align our complementary services and further grow the reach to a scale that will help redefine the expertise and talent we can offer. We are excited about the next step in this journey with Sedgwick and Vericlaim to offer a truly global path to transform the way we provide our services together.”[2]

Dave North, President and CEO of Sedgwick, said:

Now that the transaction has closed, we can move forward with integrating the Sedgwick and Cunningham Lindsey organisations into a unified, global provider of technology enabled business solutions in the risk and benefits services space. To that end, the combined organisation—including all subsidiaries of Sedgwick, Vericlaim and Cunningham Lindsey, with a few select exceptions—will move toward operating globally under the Sedgwick name.
Using a singular name across all markets and business lines will strengthen our brand identity and reinforce our position as the leading industry provider.[3]


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References


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