Sedgwick Claims Management Services

Sedgwick Claims Management Services

Claims management and risk solutions provider

About

Sedgwick specializes in claims management and risk solutions, primarily serving the insurance and corporate sectors. The company helps organizations manage and resolve various types of claims, including property damage and employee injuries, ensuring a smooth claims process. Sedgwick's services include clinical case management, where they oversee the medical care of injured employees, and provide networks to improve outcomes. They charge fees for their services, which range from initial claims assessment to ongoing case management, and also offer specialized services like home inspections and property appraisals. What sets Sedgwick apart from competitors is its strong emphasis on diversity, equity, and inclusion, which enhances its ability to serve clients effectively. The company's goal is to provide comprehensive solutions that reduce costs and improve efficiency in claims management while caring for people.

Company Stage

Growth Equity (Non-Venture Capital)

Employees

10,001+

Industries

Financial Services, Real Estate, Healthcare

Total Funding

$488.1M

Headquarters

Memphis, Tennessee

Founded

1969


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Simplify's Take

What believers are saying

  • Sedgwick secured a $1 billion investment from Altas Partners, boosting its valuation.
  • The company expanded global marine operations to meet evolving sector needs.
  • AI-powered care guidance application improves claims management and client outcomes.

What critics are saying

  • Increased litigation risks due to Florida's HB 837 tort reform surge in lawsuits.
  • Potential reputational damage from lawsuits, such as the bed bug infestation case.
  • Challenges in adapting to stricter regulatory oversight and increased product recalls.

What makes Sedgwick Claims Management Services unique

  • Sedgwick integrates AI to enhance claims management efficiency and outcomes.
  • The company offers specialized services like home inspections and property appraisals.
  • Sedgwick emphasizes diversity, equity, and inclusion as core business values.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Company Match

Hybrid Work Options

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