Announced
Completed
Synopsis
Sedgwick, a provider of technology-enabled risk, benefits and integrated business solutions, completed the acquisition of Maphilindo International, an insurance brokerage firm. Financial terms were not disclosed. “This year has been transformational for Sedgwick internationally. Our growth strategy has always been focused on expanding our global presence and enhancing our core capabilities in markets of strategic importance. Maphilindo International is a natural fit for Sedgwick; by bringing them into our business, we are now able to offer clients in Malaysia and across Asia additional speed and quality services. We also gain renowned expertise in loss adjusting and claims management in the market," Ian V. Muress, Sedgwick CEO.
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