Company embarks on next chapter under combined leadership team, will operate globally under Sedgwick name
MEMPHIS, Tenn.– Sedgwick has finalized the purchase of global loss adjusting, claims management and risk solutions firm Cunningham Lindsey and its subsidiaries. The combined organization—including the subsidiaries of Sedgwick, Vericlaim and Cunningham Lindsey, with select exceptions—will move toward operating globally under the Sedgwick brand name.
The strategic acquisition brings Sedgwick nearly 6,000 highly skilled Cunningham Lindsey colleagues in 65 countries who provide expert support to a global customer base of businesses, insurance companies, brokers and policyholders. The professional services they deliver—which include property loss adjusting, third-party claims administration, global account management, forensic engineering, and restoration and repair consulting, among others—complement the capabilities of Sedgwick and Vericlaim around the world and across all aspects of the risk management lifecycle.
“The close of this transaction brings a wealth of talent to Sedgwick, broadens our international footprint, and reinforces our position as the leading global provider of technology-enabled business solutions in the risk and benefits space,” said Dave North, Sedgwick’s president and CEO. “Now, with more than 21,000 colleagues around the world, Sedgwick can meet the complex needs of more clients and take care of more individuals in more locations than ever before.”
North will continue to lead the company’s executive council, now comprising global chief financial officer Henry Lyons, group presidents Mike Arbour and Bob Peterson, and Jane Tutoki, who previously served as global CEO of Cunningham Lindsey and has been appointed vice chair of Sedgwick.
“Bringing together the talent, expertise and robust capabilities of our esteemed organizations under the Sedgwick banner will allow us to provide a unified, end-to-end service solution to clients around the world,” Tutoki said. “Integrating our services and further growing our reach redefines what we can offer the global market.”
Sedgwick Claims Management Services, Inc. is a leading global provider of technology-enabled business solutions that include property, casualty and integrated risk services and benefits administration. At Sedgwick, caring counts®; through the dedication and expertise of more than 21,000 colleagues across 65 countries, the company takes care of people and organizations by mitigating and reducing risks and losses, promoting health and productivity, protecting brand reputations, and containing costs that can impact the bottom line. Sedgwick’s majority shareholder is KKR; Stone Point Capital LLC, La Caisse de dépôt et placement du Québec (CDPQ) and other management investors are minority shareholders. For more, see www.sedgwick.com.
EFI Global is pleased to announce Ron Maggard, PG as Vice President and Director of Operations. Ron will work closely with the Regional and Service Line Vice Presidents to drive strategic direction and resource alignment for operational efficiencies that support future growth and expansion.
“I am delighted to welcome Ron to our executive team,” says Jeremy Mele, President of EFI Global. “Ron’s addition provides us with a deeper level of technical and operational expertise that will accelerate our continued growth and extend our global reach.”
Mr. Maggard is an experienced senior corporate leader with more than 30 years in forensic services. He is a Registered Professional Geologist and a recognized expert in subsidence and sinkhole-related subsurface activity. He has a Bachelor’s of Science in Geology from Morehead State University and an MBA from the University of South Florida. Ron will be based in Tampa and will report to the President of EFI Global.
Cunningham Lindsey is proud to announce Domenick Di Cicco, our Global General Counsel has been certified as a member of The Lawyers of Distinction.
The Lawyers of Distinction is recognized as the fastest growing community of distinguished lawyers in the United States. Membership is limited to the top 10% of attorneys in the United States. Members are accepted based upon objective evaluation of an attorney’s qualifications, license, reputation, experience, and disciplinary history.
“It is an honor to be certified by The Lawyers of Distinction and to be part of a community with my peers that continue to represent and serve our judicial system with the highest standards,” said Domenick Di Cicco.
Domenick joined Cunningham Lindsey in June of 2015 as Global General Counsel & Chief Compliance Officer from AIG, where he served as Senior Vice President, Global Head of Litigation Management.
He had previous General Counsel, leadership and strategy roles for such organizations as Xchanging plc, CNA Insurance, Zurich Financial Services and Alexander Gallo Holdings. In these roles, Domenick created and executed strategies for cases such as “Bet the Company” class action litigation, Climate Change Coverage Litigation, Mass Pharmaceutical matters, Katrina and the World Trade Center.
Domenick has served on the Board of Directors of the ARC Association and a mid-cap technology company, as Chairman Emeritus of the Claims and Litigation Management Alliance, Board Member of the Claims and Litigation Management Alliance, Adjunct Professor of Insurance Law and Regulation at Temple Law School, Member of the Board of the Business School of NJIT, where he also serves as an Adjunct Professor of Corporate Finance, Member of the Association of Corporate Growth and Member of the American Bar Association Mergers and Acquisitions Committee.
Domenick holds a Juris Doctor Degree from Delaware Law School, a Master of Business Administration Degree from Pennsylvania State University, a Masters of Public Administration (Economic Development) from the University of Pennsylvania, a Certified Corporate Compliance and Ethics Professional and a NACVA designation as a Chartered Merger and Acquisition Professional. Domenick also served as an elected legislator of the New Jersey State Assembly.