Sedgwick has completed the acquisition of claims management and risk solutions firm Cunningham Lindsey.
The combined organisation, which includes Cunningham’s subsidiaries, will move toward operating under a combined leadership team and the Sedgwick brand name.
In acquiring Cunningham Lindsey, Sedgwick will gain almost 6,000 staff in 65 countries who perform services throughout the risk management lifecycle, including property loss adjusting, third-party claims administration and provide support to a global customer base of businesses, insurers, brokers and policyholders.
Sedgwick president and CEO, Dave North will continue to lead the company’s executive council, which will be made up of global CFO Henry Lyons, and group presidents Mike Arbour and Bob Peterson.
Also included in the executive council will be Jane Tutoki, who previously held the role of Cunningham Lindsey global CEO, and will now take up a new position as vice chair of Sedgwick.
North said the growth in the size of the business, which is now more than 21,000 people around the world, would allow them to meet the needs of more clients in more locations than ever before.
He explained: “The close of this transaction brings a wealth of talent to Sedgwick, broadens our international footprint, and reinforces our position as the leading global provider of technology-enabled business solutions in the risk and benefits space.”
Tutoki added: “Bringing together the talent, expertise and robust capabilities of our esteemed organisations under the Sedgwick banner will allow us to provide a unified, end-to-end service solution to clients around the world.”
“Integrating our services and further growing our reach redefines what we can offer the global market.”
