Sedgwick’s Dave North to retire, remain on board
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Dave North will retire from his role as executive chairman of Sedgwick Claims Management Services Inc. on June 30 but will remain on the board of directors, the company announced Thursday.
Mr. North has spent 29 years with Memphis, Tennessee-based Sedgwick, where he served as the third-party administrator’s president and chief executive officer from 1995 to 2020.
Mr. North began his insurance industry career in 1978 as a fire protection engineer at Atlantic Mutual Insurance Co. During his time at Sedgwick, where he led it through numerous acquisitions, the company grew from the 8th largest third-party claims administrator with $70 million in gross revenue and 5,000 staff in 1995, to the world’s largest TPA with more than $4 billion in revenue and more than 30,000 staff.
The company has not named a new executive chairman, a spokeswoman said.
