Sedgwick Group announced this week that it has signed an agreement to purchase York Risk Services, continuing a long-term consolidation trend among third-party administrators. The purchase of York — which must be approved by federal regulators — would mark Sedgwick’s …
The Carlyle Group Global is now the majority owner of claims and technology services firm Sedgwick. Funds managed by Carlyle completed an ownership transaction that is valued at approximately $6.7 billion on Dec. 31. Previous majority shareholder KKR is fully …
Memphis-based global claims services firm Sedgwick has finalized the acquisition of competitor global loss adjusting and claims management firm Cunningham Lindsey and its subsidiaries. Sedgwick purchased its competitor from CVC Capital Partners, a private investor group that has owned a …
Global claims firm Sedgwick Claims Management Services has agreed to acquire Cunningham Lindsey, another global loss adjusting and claims management firm. No terms were disclosed. CVC Capital Partners, a private investor group, has owned a majority ownership in Cunningham Lindsey …
A company passed over by the Jindal administration to run Louisiana’s self-insurance program claims it suffered bias in its losing bid. The Advocate reports that York Risk Services Group is challenging the award of the $80 million, three-year contract to …
San Diego, CA, January 14, 2015: Atlas General Insurance Services, LLC (Atlas General), a national multi-line program manager, is pleased to announce the opening of its workers’ compensation office in Texas to facilitate its expansion into the Lone Star State. …
Memphis-based Sedgwick Claims Management Services Inc. said it has completed its purchase of T&H Global Holdings, LLC and its subsidiaries (T&H). Terms were not disclosed. The acquisition brings to Sedgwick the people, business resources and global market presence of T&H’s …
Sedgwick Claims Management Services Inc. has agreed to acquire T&H Global Holdings, LLC and its subsidiaries that provide insurance claims services to insurance carriers, insurance brokers, corporations and public entities. The deal includes T&H subsidiaries VeriClaim Inc., VRS VeriClaim U.K. …
York Risk Services Group Inc., the insurance claims services provider owned by private-equity firm ABRY Partners LLC, is exploring a sale that may value the business at more than $1.5 billion, people with knowledge of the matter. York Risk is …
