Sedgwick Group
Encyclopedia
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.
broker under the name Sedgwick, Collins & Co. In 1972 it merged with Price Forbes to form Sedgwick Forbes.
The Company was acquired by Marsh & McLennan in December 1998.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
insurance broker. It was listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and was a constituent of the FTSE 100 Index
FTSE 100 Index
The FTSE 100 Index, also called FTSE 100, FTSE, or, informally, the footsie , is a share index of the 100 most highly capitalised UK companies listed on the London Stock Exchange....
. However it was acquired by Marsh & McLennan in 1998.
History
The Company was founded by Henry Beaufoy Leonard Sedgwick late in the 19th century as an insuranceInsurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
broker under the name Sedgwick, Collins & Co. In 1972 it merged with Price Forbes to form Sedgwick Forbes.
The Company was acquired by Marsh & McLennan in December 1998.