Sedgwick

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Sedgwick is a leading third-party administrator (TPA) that offers customized, fully-integrated, outsourced claims management solutions and focuses on serving the nation’s largest employers and the self-insurance market.

The company provides a comprehensive suite of services related to workers’ compensation, general and professional liability, automotive liability, and short- and long-term disability claims to third parties throughout the United States and Canada. Sedgwick is a pure fee-for-service business and assumes no underwriting risk. The company, which is led by CEO Dave North, has approximately 27,000 employees across 65 countries and service locations in the United States and Canada.

INTRODUCTION TO CLIENTS & PARTNERS

Stone Point assisted Sedgwick in developing a number of new business proposals and making client introductions.

M&A SOURCING

Stone Point assisted on numerous strategic acquisitions, including transformational acquisitions of providers of loss adjusting and specialized claims management services.

EXECUTIVE RECRUITING & ALIGNMENT

Stone Point was key in helping to recruit senior management, including the CFO.

CAPITAL RAISING & STRUCTURING

Stone Point worked with Sedgwick management to complete a $1.2 billion debt recapitalization.

OPERATIONAL ASSISTANCE & GOVERNANCE

Stone Point worked with Sedgwick management to develop the company’s stand-alone governance, operations and reporting.

EXIT STRATEGY

Stone Point was instrumental in the successful transition of Sedgwick and helping source KKR as a go-forward partner in 2014.

Trident was quick to recognize the value of our business model and … has taken the time to truly understand the subtleties of our business and continues to provide thoughtful advice and counsel on a broad range of strategic, financial and operational issues.
Dave North, CEO of Sedgwick