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Loss adjuster Sedgwick restructures US gross sales workforce


Loss adjusting and claims administration firm Sedgwick has reorganised its US gross sales workforce to reinforce market engagement and enhance the consumer expertise by way of a brand new nationwide and regional construction. 

Brad Krauss has been promoted to government vice-president, head of casualty and specialty enterprise improvement.

With greater than 30 years of insurance coverage and threat administration expertise, Krauss joined Sedgwick in 2002. 

He has served in varied senior roles on the firm, latterly spearheading its improvement in “rising markets”. 

Krauss mentioned: “Assembly the wants of our purchasers by delivering tailor-made and well timed options is on the coronary heart of what Sedgwick does finest. As I tackle this new position, I look ahead to driving worth targeted outcomes for our purchasers, bolstering our organisation’s partnership method and elevating options we provide to new heights.”  

This reorganisation introduces regional “zone” leaders who will oversee the structure and deployment of all casualty options inside their markets.  

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The newly appointed regional leaders embrace Mike Betti within the Central zone; Mike Chiaramonte within the North-East; Allison Kelly within the South; Tom Pfingstag heading the South-East; and Todd Squiers main the West. 

Sedgwick chief progress officer Scott Rogers acknowledged: “This construction represents an incredible alternative for Sedgwick to utilise our workforce’s in depth market data, relationships and experience. With Brad’s management, the workforce is well-equipped to satisfy, align with, and surpass the wants of present markets, companions and potential purchasers within the years forward.” 

Rogers additionally highlighted that the brand new progress construction focuses on key market segments and areas to strengthen the corporate’s place and enhance accessibility and repair ranges in native markets. 

Earlier within the month, Sedgwick elevated Kumar Siva to the position of chief working officer in Canada from senior vice-president for third-party administration (TPA) companies and desktop options. 

In the meantime, in September 2024, the corporate obtained a $1bn fairness funding from Altas Companions, placing its enterprise worth at almost $13.2bn. 


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