Technology-enabled risk and benefits solutions provider Sedgwick Claims Management Services has agreed to acquire Cunningham Lindsey for an undisclosed sum.
The deal for the loss adjusting, claims management and risk solutions firm, which is still subject to regulatory approval and closing conditions, will see Sedgwick add 6,000 professionals from 600 offices across 60 countries to its books.
Cunningham Lindsey and Sedgewick, both with significant presences in the UK and Ireland, will boast a combined workforce more than 20,000 people.
The Cunningham Lindsey group includes a range of services addressing all aspects of the risk
management lifecycle, including pre- and post-loss, loss adjusting, third-party claims administration, global account management, forensic engineering, and restoration and repair consulting.
Joining forces with Sedgwick presents an opportunity to provide clients with an end-to-end service solution around the world, according to Jane Tutoki, global CEO of Cunningham Lindsey.
“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.”
“At Sedgwick, taking care of people is at the heart of everything we do, and we know that Cunningham Lindsey shares our commitment to caring for people when the unexpected occurs,” said David North, president and CEO of Sedgwick. “Together, we will have the capacity to reach more individuals in their time of need in more locations than ever before.”