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Source: BUSINESS INSURANCE HOLDINGS
"Sedgwick Claims Management Services Inc. has agreed to buy London-based loss adjuster and claims management firm Cunningham Lindsey Group Ltd., the firms announced on Wednesday.
Details of the transaction, which is expected to close in 2018, were not disclosed.
David North, Sedgwick’s president and CEO, said in an interview that the transaction significantly increases the firm’s international presence.
“Cunningham Lindsey has ... gone through an amazing transformation as a company. They brought in a new leadership team at the corporate level about three years ago and they’ve done an outstanding job of getting that company in leading positions in a variety of places around the world,” he said."