Sedgwick has launched a new global specialist platform, which the company describes as a forward-looking, purpose-built solution for managing the largest and most complex losses.
Sedgwick said the new global specialist platform reflects its response to changing global claims trends, changing customer needs, commercial macroeconomic changes and its commitment to expanding services in London and other leading insurance and reinsurance markets.
The platform also reportedly represents a significant investment to drive growth and attract talent, building on existing marine and energy capabilities and expanding into other technologies and specialty risk areas.
Headquartered in London and led by chief executive Damian Ely and chief commercial officer Kevin Hagan, the global specialist platform will also include centers in Asia, the Middle East and the Americas.
Ely brings more than 35 years of leadership and industry experience in international markets with a proven track record of building global businesses, operational management and strategic transformation, guiding organizations through periods of growth and change.
At the same time, Hagan has more than 16 years of leadership and international experience leading complex organizations through transformation, growth and strategic change.
Paul White, CEO of Sedgwick International, commented: “In a world where risks are changing faster than ever, Sedgwick is proud to launch our new Global Specialty platform, a bold, forward-thinking platform designed to meet the increasingly complex global claims requirements with unparalleled technology expertise and reach.
“This is not just an expansion. This is a strategic transformation, and the best in the industry will lead the way.”
Scott Richardson, president of Property of Americas, added: “Our expansion does not occur in isolation. It reflects a fully aligned cross-border strategy that unites our teams, markets and focus to achieve sustainable growth and enhance service to our clients.”
Damian Ely said: “I am very excited about the huge potential to develop this new platform in specialty markets around the world.
“Whether it’s a container ship incident in Asia or a turbine failure in the Middle East, our market-leading experts are ready to respond.”