LONDON, 27 March 2024 – Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions, has named Peter Farrelly its Chief Operating Officer in the UK.
Farrelly brings more than 31 years of insurance industry experience and has held a number of senior leadership roles. He has served as Managing Director for Sedgwick’s UK commercial claims services since 2019.
“Peter’s unparalleled expertise in scaling operations, driving process improvements, and fostering innovation give me the greatest confidence in his ability to deliver operational excellence and fuel business growth amid challenging socioeconomic conditions,” said Neil Gibson, Sedgwick CEO in the UK.
During his tenure, Farrelly has led several notable projects, including Sedgwick’s award-winning colleague development programmes that address one of the industry’s most pressing issues: talent development and succession planning. He is also a renowned major and complex loss practitioner, having managed numerous complex commercial property and business interruption claims across a broad range of risks.
“I look forward to maximising operational efficiencies for the benefit of our valued clients and colleagues. This will be key to ensuring Sedgwick’s continued success and demonstrating our commitment to excellence and growth,” Farrelly said.
With Farrelly’s appointment, Joseph Noel — who has been serving as Director, Head of Commercial Property and Subsidence for the UK — will step up to fill the role of Managing Director, Commercial Claims Services. A Sedgwick colleague since 2003, Noel has an industry background spanning 27 years. He has extensive experience managing major and complex property and liability claims across the UK and Europe and has successfully overseen key multinational projects.
Gibson added “The track records of these two outstanding leaders put us in a fantastic position to achieve the best for our clients, customers and colleagues.”
About Sedgwick
Sedgwick is a leading global provider of claims management, loss adjusting and technology-enabled business solutions. The company provides a broad range of resources tailored to clients’ specific needs in casualty, property, marine, benefits, brand protection and other lines. At Sedgwick, caring counts; through the dedication and expertise of 33,000 colleagues across 80 countries, the company takes care of people and organizations by mitigating and reducing risks and losses, promoting health and productivity, protecting brand reputations, and containing costs that can impact performance. Sedgwick’s majority shareholder is The Carlyle Group; Stone Point Capital LLC, Caisse de dépôt et placement du Québec (CDPQ), Onex and other management investors are minority shareholders. For more, see sedgwick.com.
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