Sedgwick

Sedgwick

The leading North American provider of technology-enabled claims and productivity management solutions. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$13.2b (Public information from Sep 2024)
Memphis Tennessee (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021
Revenues4.0b
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DateInvestorsAmountRound
-

N/A

-
N/A

$1.8m

Growth Equity non VC

$500m

Growth Equity non VC

$6.7b

Acquisition
*

$1.0b

Valuation: $13.2b

Growth Equity non VC
Total Funding-

Recent News about Sedgwick

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Sedgwick is a global company specializing in claims management and risk solutions. The company operates primarily in the insurance and corporate sectors, providing services that help organizations manage and resolve claims efficiently. Sedgwick's clients include corporations, insurance carriers, and public entities. These clients rely on Sedgwick to handle various types of claims, from property damage to employee injuries, ensuring that the claims process is smooth and effective.

The company's business model revolves around offering comprehensive managed care and cost containment solutions. This includes clinical case management, where they oversee the medical care of injured employees, and providing networks and support systems designed to improve outcomes. Sedgwick deploys the right resources at the right time to ensure that claims are handled promptly and effectively, which helps to restore property, preserve brands, and empower performance.

Sedgwick makes money by charging fees for its services, which can include everything from initial claims assessment to ongoing case management. The company also offers specialized services such as home inspections and property appraisals, which are essential for accurate claims processing. By providing these tailored solutions, Sedgwick helps its clients reduce costs and improve efficiency, making it a valuable partner in the claims management process.

The company places a strong emphasis on caring for people, which is reflected in its commitment to diversity, equity, and inclusion (DEI). Sedgwick believes that fostering a diverse and inclusive environment enhances its ability to serve clients and communities effectively. This focus on DEI is not just a corporate policy but a core value that influences every aspect of the business.

In summary, Sedgwick is a leader in claims management and risk solutions, serving a diverse range of clients in the insurance and corporate sectors. Its business model focuses on providing managed care and cost containment solutions to improve claims outcomes, all while maintaining a strong commitment to caring for people and promoting DEI.

Keywords: claims management, risk solutions, insurance, corporate clients, managed care, cost containment, clinical case management, property appraisal, diversity, inclusion.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Sedgwick

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LeanTaaS
BUYOUT by Bain Capital Jun 2022
York Risk Services Group
ACQUISITION by Sedgwick Jul 2019
Specialty Risk Services
ACQUISITION by Sedgwick Mar 2011
Cunningham Lindsey
ACQUISITION by Sedgwick Dec 2017
JND Legal Administration
ACQUISITION by Sedgwick Dec 2021
Orchid Medical
ACQUISITION by Sedgwick May 2022
Appraisal Service of Mississippi
ACQUISITION by Sedgwick Apr 2023
adner
ACQUISITION by Sedgwick Nov 2023