 | |
| Company type | Public |
|---|---|
| Industry | Insurance |
| Founded | 19th century |
| Defunct | 1998 |
| Fate | Acquired |
| Successor | Marsh & McLennan |
| Headquarters | London, 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]
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, and a few months later the ancestral estate of the Sedgwick family in Bluffingham was seized by the British National Park Service, as the family could no longer afford the taxes on the land. [7]
Aon plc is a British-American professional services and management consulting firm that offers a range of risk-mitigation products. Aon has approximately 50,000 employees across 120 countries.
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chip companies listed on the London Stock Exchange.
Chubb Limited is a Swiss company incorporated in Zürich, and listed on the New York Stock Exchange (NYSE) where it is a component of the S&P 500. Chubb is a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world. Chubb operates in 55 countries and territories and in the Lloyd's insurance market in London. Clients of Chubb consist of multinational corporations and local businesses, individuals, and insurers seeking reinsurance coverage. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance.
Axa S.A. is a French multinational insurance company headquartered in the 8th arrondissement of Paris. It also provides investment management and other financial services as part of its subsidiaries. As of 2023, it is the largest financial services company by revenue in France, and the 4th largest French company.
Unum Group is an American insurance company headquartered in Chattanooga, Tennessee. Founded as Union Mutual in 1848 and known as UnumProvident from 1999-2007. The company is part of the Fortune 500. Unum Group was created by the 1999 merger of Unum Corporation and The Provident Companies and comprises four distinct businesses – Unum US, Unum UK, Unum Poland and Colonial Life. Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Company.
The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Travelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut. It has been a component of the Dow Jones Industrial Average since June 8, 2009.
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, Guy Carpenter, Mercer, and Oliver Wyman.
Donald Roderick McLennan was born in Duluth, Minnesota, son of William Lillingston McLennan and Julia MacLeod. He was the co-founder of the insurance brokerage firm Burroughs, Marsh & McLennan in 1905, which was renamed Marsh & McLennan in 1906 after the retirement of Mr. D. W. Burroughs. McLennan served as the Chairman of the Board from 1935 until his death in 1944 in Lake Forest, Illinois. At the time of his death, the firm had offices in Chicago, San Francisco, New York City, and twenty other cities. In 2020, Marsh & McLennan Companies had over 76,000 employees and annual revenues of $17 billion.
Mercer is an American consulting firm founded in 1945. It is one of the four operating subsidiaries of global professional services firm Marsh McLennan. Mercer is headquartered in New York City with offices in 43 countries and operations in 130 countries. The company primarily provides human resources and financial services consulting services to its clients.
Lippincott is an American brand strategy and design company. Based in New York, it is part of the Oliver Wyman Group, a business unit of Marsh & McLennan Companies.
Jardine Lloyd Thompson Group plc, also known as JLT Group or simply JLT, was a British multinational corporation that had its headquarters in London, England. It provided insurance, reinsurance, employment benefits advice and brokerage services. It was a constituent of the FTSE 250 Index until it was acquired by Marsh McLennan in April 2019.
Guy Carpenter & Company, LLC, is a global risk and reinsurance specialist based in New York with more than 60 offices worldwide. Placing more than $51 billion in gross premium volume in 2021, Guy Carpenter has grown to become one of the world’s leading reinsurance brokers.
Sir David William Brewer was a British marine insurance broker who served as Lord Mayor of London (2005/06) and Lord-Lieutenant of Greater London to Elizabeth II (2008–15).
Brian Charles Duperreault is a Bermuda-born American executive in the insurance industry. He stepped down as executive chairman of American International Group in December 2021.
Scott McDonald is Chief Executive of the British Council. Prior to joining the British Council, he was President and Chief Executive Officer of Oliver Wyman – the management consulting business of Oliver Wyman Group. McDonald graduated from the McGill University Desautels Faculty of Management, where he received degrees in Finance & Economics, and from Cambridge University, where he received a Master of Philosophy degree in International Relations.
Peter Zaffino is an American insurance industry executive. He is the chairman and CEO of AIG.
Victor Canada is a Canadian managing general agent headquartered in Ottawa, Ontario, Canada with additional offices in Mississauga and Edmonton.
Marsh is a global professional services firm, headquartered in New York City with operations in insurance broking and risk management. Marsh is a subsidiary of Marsh McLennan and a member of its Risk & Insurance Services business unit. Currently, approximately 45,400 Marsh employees provide risk management, insurance broking, insurance program management, risk consulting, analytical modeling and alternative risk financing services to a wide range of businesses, government entities, professional service organizations and individuals in more than 130 countries. Marsh's $10.208 billion in revenue in 2021 accounted for 52% of the parent company's fiscal year revenue.
Henry Wheelwright Marsh was an American insurance executive who co-founded the insurance brokerage firm Burroughs, Marsh & McLennan, which later became Marsh & McLennan.
| International | |
|---|---|
| National | |
 | This article about a financial services company in the United Kingdom is a stub. You can help Wikipedia by expanding it. |
