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.
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.