Sedgwick Acquires Portuguese Loss Adjusting and Claims Management Firm

Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Perigest, a loss adjusting and claims management company in Portugal.

“The transaction represents an important step for Sedgwick as a market leader in Spain and Portugal and is in line with the company’s international business growth strategy,” said Sedgwick in a statement.

Founded in 2006, Perigest specializes in providing loss adjusting and claims management services in marine & cargo, property and liability. The company primarily serves national and international insurance companies, reinsurers, brokers, risk managers and multinational and local companies.

With Perigest, Sedgwick said it is acquiring the largest actor in the Portuguese claims market “with a robust client base and strong expertise that will provide a scalable platform for growth in the Iberian Peninsula.” The acquisition also allows Sedgwick to become the leading provider of loss adjusting and claims management services in Spain and Portugal.

“The transaction will enable us to optimize our strategic positioning in Spain and Portugal and to capture future growth opportunities as the biggest international provider of loss adjusting, cargo and claims management of,” said Ana Franco de Sarabia, country manager of Sedgwick Iberia. “This will not only enable us to diversify our customer base and help Sedgwick to evolve its expertise, it will also support our international growth ambition and strengthen our leadership in this region.”

Commenting on the acquisition, Botelho Vaz, director and CEO of Perigest said: “With Sedgwick’s global resources and our extensive local sector expertise, I am confident that together we have the scale and capabilities to meet the growing demand for specialised claims investigation services in the claims market and drive growth both in Spain, Portugal and further afield. I am, therefore, excited to work with Ana and all of the Sedgwick Iberia team going forward.”

Source: Sedgwick