6 December 2017Insurance

Sedgwick acquires Cunningham Lindsey

Technology-driven risk solutions provider Sedgwick Claims has acquired management and loss adjusting firm Cunningham Lindsey.

The strategic acquisition of Cunningham Lindsey is set to broaden Sedgwick’s international footprint, according to a statement.

"Bringing the incomparable talent, expertise and robust global capabilities of Sedgwick, Vericlaim and Cunningham Lindsey under one umbrella is among the greatest stories to emerge from the claims industry in many years," Sedgwick group president Michael Arbour, commented. "This exciting development puts us in an optimal position to meet the increasingly complex needs of clients around the world."

The Cunningham Lindsey group includes 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.

Jane Tutoki, global CEO of Cunningham Lindsey, said: "Joining forces with Sedgwick and Vericlaim presents an opportunity to provide our clients an end-to-end service solution around the world. 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."

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More on this story

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17 September 2018   The marine claims divisions of Sedgwick and Cunningham Lindsey’s have been merged creating the largest team in the world of marine claims services. Sedgwick acquired Cunningham Lindsey in April 2018.
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13 September 2018   Private equity firm The Carlyle Group will acquire the majority ownership of technology-driven risk solutions provider Sedgwick in a transaction valued at approximately $6.7 billion.
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23 April 2018   Sedgwick, a provider of technology-enabled business solutions in the risk and benefits services space, has appointed Malcolm Hughes as chief executive officer of its operations in Ireland.