Sedgwick has launched a new Global Specialty platform, which the firm describes as a forward-looking, dedicated solution for managing the largest and most complex losses.
According to Sedgwick, the new Global Specialty platform reflects its response to evolving global claims trends, changing client demand, macroeconomic shifts in commerce, and a commitment to expanding services in London and other leading insurance and reinsurance markets.
The platform also reportedly represents a major investment to drive growth and attract talent to the firm, building on its existing capabilities in marine and energy and expanding into other technical and special risks.
Based in London and led by Damian Ely as Chief Executive Officer and Kevin Hagan as Chief Commercial Officer, the Global Specialty platform will also include hubs across Asia, the Middle East and the Americas.
Ely brings more than 35 years of leadership and industry experience across international markets, with a strong track record in building global businesses, operations management and strategic transformation, guiding organisations through periods of growth and change.
Hagan, meanwhile, has more than 16 years of leadership and international experience, leading complex organisations through transformation, growth and strategic change.
Paul White, CEO, International, Sedgwick, commented, “In a world where risk is evolving faster than ever, Sedgwick is proud to introduce our new Global Specialty platform, a bold, forward-looking platform designed to meet the growing complexity of global claims with unmatched technical expertise and reach.
“This is not just an expansion. It’s a strategic transformation with the best in the industry leading the way.”
Scott Richardson, President of Property of Americas, added, “Our expansion isn’t happening in isolation. It reflects a fully aligned, cross-border strategy that unites our teams, markets, and focus to deliver sustainable growth and enhance service for our clients.”
Damian Ely said, “I am very excited about the huge potential to develop this new platform in the Global Specialty market.
“Whether it’s a containership casualty in Asia or a turbine failure in the Middle East, our market-leading experts are ready and prepared to respond.”
