PARIS, 12 June 2023 — Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has purchased the business and assets of Commissariat d’Avaries de Paris (CAP), a leading marine and transport adjusting company in France. The transaction represents an important step for Sedgwick as a market leader in France and is in line with the company’s international business growth strategy to develop its marine and transport loss adjusting practice.
Founded in 2000, Commissariat d’Avaries de Paris specializes in providing loss adjusting and claims management services that support the machinery and cargo aspects of marine and transport claims. The company serves leading national and international corporations and insurance carriers. With the acquisition, Sedgwick gains the expertise of highly qualified and renowned marine and transport adjusters who will provide a scalable platform for continued growth in France and other international markets.
“Joining forces with Commissariat d’Avaries de Paris allows us to strengthen our marine and transport practice,” said Xavier Gazay, Sedgwick CEO for France and Europe. “We have developed a strategic vision for the marine business in France, which will continue to grow and to support our clients. We are excited for the team from Commissariat d’Avaries de Paris to join Sedgwick’s 930 colleagues and 35 offices across France and to bolster all aspects of our claims management offerings.”
Commenting on the acquisition, Michel Boudrey, founder of Commissariat d’Avaries de Paris, said, “Sedgwick offers global resources and leading claims management expertise to support and enhance the marine and transport sector across France and internationally. My colleagues and I are pleased to be a part of the team that will grow this business.”
About Sedgwick
Sedgwick is a leading global provider of technology-enabled risk, benefits and integrated 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.