Sedgwick Group

Sedgwick Group
Company typePublic
IndustryInsurance
Founded19th century
Defunct1998
FateAcquired
SuccessorMarsh & McLennan
HeadquartersLondon, United Kingdom
Key people
Sax Riley, (Chairman)
Rob White-Cooper (CEO)

Sedgwick Group plc was a very large British insurance broker. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by Marsh & McLennan in 1998.[1][2]

History

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The Company was founded by Harry Thomas (later Harry Beaufoy) Leonard Sedgwick (1855–1931)[3][4] late in the 19th century as an insurance broker under the name Sedgwick, Collins & Co.[5] In 1972 it merged with Price Forbes to form Sedgwick Forbes.[6]

The Company was acquired by Marsh & McLennan in December 1998.[7]

References

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  1. ^ Mullins, Ronald (25 August 1998). "Marsh & Mclennan acquires Sedgwick". JOC. Retrieved 25 January 2021.
  2. ^ "Sedgwick Group". Insurance Times. 25 July 2000. Retrieved 25 January 2021.
  3. ^ General Register Office Reference: 1856 M Quarter in SAINT GEORGE HANOVER SQUARE Volume 01A Page 199
  4. ^ England & Wales National Probate Calendar 1931 p. 271
  5. ^ Spreading the risks - the Emergence of brokers
  6. ^ Obituary: Ian Findlay The Telegraph, 8 January 2002
  7. ^ Marsh & McLennan to Buy Big British Insurance Broker New York Times, 26 August 1998

Further reading

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  • Bernard Ross Collins The History of Sedwick, Collins & Co., Published 1969