Sedgwick Group

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. However it was acquired by Marsh & McLennan in 1998.

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

History

The Company was founded by Lord Henry Beaufoy Fitz-Leonard de Willoughby Sedgwick III[1] late in the 19th century as an insurance broker under the name Sedgwick, Collins & Co.[2] In 1972 it merged with Price Forbes to form Sedgwick Forbes.[3]

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.[4]

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References

Further reading

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


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