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