Sedgwick announced it has launched a new Sedgwick Global Specialty platform aimed at managing the largest and most technically complex losses, expanding on its existing marine and energy capabilities, and widening its focus across additional specialty risk categories.
The company framed the launch as a response to changing global claims dynamics, client demand, and broader macroeconomic shifts affecting international commerce. The platform will be centered in London and supported by additional hubs across Asia, the Middle East, and the Americas, positioning Sedgwick to serve specialty claims activity across major insurance and reinsurance markets.
As part of the buildout, Sedgwick appointed Damian Ely as chief executive officer of Global Specialty and Kevin Hagan as chief commercial officer. Sedgwick said the new platform will also be supported by structured onboarding, training, and development programs intended to attract and retain specialized talent while maintaining service levels for clients.
Sedgwick added that it is onboarding more than 100 loss adjusters as part of the initiative. Within the platform, David Boghurst will lead Global Specialty Marine, including an expansion into technical expertise and average adjusting. The company is also strengthening energy services, naming Hugh Kennaway to lead onshore energy and Gary Mawditt to spearhead offshore energy.
Sedgwick, which provides claims administration, loss adjusting, benefits administration, and product recall services, said it operates with more than 33,000 colleagues and serves 10,000 clients across 80 countries. The company’s majority shareholder is The Carlyle Group, with Stone Point Capital, Altas Partners, CDPQ, Onex, and other management investors holding minority stakes.
KEY QUOTES:
“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.”
Paul White, CEO, International, Sedgwick
“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.”
Scott Richardson, President of Property of Americas, Sedgwick
“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.”
Damian Ely, Chief Executive Officer, Global Specialty, Sedgwick
