Claims management and loss adjusting giant Sedgwick has appointed David Arick as global risk management managing director.
Recognized for his influential leadership and expertise in insurance and risk management, Arick will bring more than 35 years of experience to Sedgwick. His career is highlighted by roles spanning claims programs, risk financing, and captive management.
Currently, Arick holds the position of president at RIMS (the Risk & Insurance Management Society) and has been a member of its board of directors since 2019.
Brian Brunett, global head of treasury, tax, and risk management at Sedgwick, welcomed Arick’s appointment, which takes effect on March 1.
He said in an emailed release: “David brings a wealth of experience to support Sedgwick’s evolving risk management needs as we expand into new regions and lines of business. His extensive knowledge and proven leadership will be valuable assets to our entire organization.”
In his capacity as managing director for global risk management, Arick will play a crucial role across the company’s business lines and corporate functions, serving as a resource on all things risk identification and mitigation.
The key hire will oversee the development and execution of insurance coverages and other mechanisms essential for managing Sedgwick’s risk profile effectively.
Commenting on his new remit, Arick said: “I have been fortunate to work with Sedgwick for years and observed first-hand why they are a global leader; I am honored to be a part of the team.
“As leader of risk management, I am committed to safeguarding Sedgwick’s valuable resources and look forward to supporting the company’s future growth.”
Operating across 80 countries, Sedgwick is manned by 33,000 people. Its expertise spans casualty, property, marine, benefits, and brand protection, among others, providing technology-enabled risk, benefits, and integrated business solutions.
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