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Sedgwick plans for Australia, NZ growth

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Sedgwick, the world’s largest claims administrator, says it is targeting growth in Australia and New Zealand after merging the Cunningham Lindsey operations into its business.

Group President Mike Arbour and International CEO Ian Muress have visited this week for the local launch of the combined operations, with the company moving to strengthen the Sedgwick brand identity by using the one name across all markets and business lines.

“Sedgwick is looking toward continued growth as we continue to leverage the strength of the wider Sedgwick organisation,” Mr Muress said.

Sedgwick purchased global loss adjusting group Cunningham Lindsey last year. The combined group operates across 65 countries and has more than 20,000 employees worldwide.

In August it named Diego Ascani as Australia CEO in a restructure of regional roles. Darryl Cowan leads the New Zealand business and Wayne Cheng is GM Asia. Previous Cunningham Lindsey Asia-Pacific CEO Damon Bennett left the company.

In Australia, Sedgwick offers services in areas including property major and complex loss, marine, liability and product recall, fine arts construction and building consultancy, environmental services and claims management.

“We are now able to extend our global capabilities to our local clients as well as extend existing service to international corporate clients based in Australia,” Mr Ascani said after the Sydney launch.

Sedgwick, which describes itself as a global provider of technology-enabled risk, benefits and integrated business solutions, says Australia and New Zealand are both key markets.

The company says over the next few years it will work to leverage combined resources and extended relationships to expand its client base, with recent joint business development efforts already starting to yield results.