Product recalls in Australia rose 10.3% in the second half of 2024 from the first half of the year, a new report shows. There were 664 recall actions from July to December, up from 602 in the first half of …
European product recalls hit a record high of 14,484 events in 2024, surpassing last year’s record 12,503 events, a new report shows. Sedgwick Brand Protection’s 2025 European State of the Nation Recall Index report reviews five product categories and three …
Sedgwick is acquiring Bottomline’s legal spend management division. Sedgwick plans to operate the LSM business as a separate division, and the company anticipates transitioning roughly 300 LSM employees. The transaction is subject to customary conditions and regulatory approvals. The LSM …
Sedgwick completed a strategic reorganization of its U.S. sales team designed to create a national and regional framework aimed at optimizing operations and delivering personalized solutions. Brad Krauss was promoted to executive vice president, head of casualty and specialty business …
Sedgwick named Kuma Siva chief operating officer in Canada. Siva has more than 20 years of experience in the insurance sector. Siva has held the position of vice president for third-party administration services since 2023. Prior to joining Sedgwick, he …
Sedgwick announced new leadership in Japan and Taiwan. In Japan, Shuji Tanaka has been appointed CEO for operations in the country, and Takeshi Nagao, who currently serves as managing director, will remain with Sedgwick and transition to the role of …
Next year will bring more changes and risk to companies, including continually evolving work environments, product recalls, natural catastrophes, and risks from new technologies, according to a new report that looks the landscape for companies in 2025. Sedgwick’s Forecasting 2025 …
Sedgwick announced the closing of a minority investment led by Altas Partners, a North American private equity firm. Current investors, including funds managed by global investment firm Carlyle and Stone Point Capital LLC, will remain as investors and continue to …
Sedgwick named Andrea Buhl president of the company’s casualty group. Over her 15-year career at Sedgwick, Buhl has held several leadership roles. Sedgwick is a provider of claims management, loss adjusting, technology-enabled business services.
The past quarter alone has been an active season for product recalls in the U.S. From April to June, 254.56 million product units were recalled across the automotive, consumer products, food and drink, pharmaceutical and medical device industries. That’s more …