Loss adjusting and claims management company Sedgwick has reorganised its US sales team to enhance market engagement and improve the client experience through a new national and regional structure. 

Brad Krauss has been promoted to executive vice-president, head of casualty and specialty business development.

With more than 30 years of insurance and risk management experience, Krauss joined Sedgwick in 2002. 

He has served in various senior roles at the company, latterly spearheading its development in “emerging markets”. 

Krauss said: “Meeting the needs of our clients by delivering tailored and timely solutions is at the heart of what Sedgwick does best. As I take on this new role, I look forward to driving value focused outcomes for our clients, bolstering our organisation’s partnership approach and elevating solutions we offer to new heights.”  

This reorganisation introduces regional “zone” leaders who will oversee the architecture and deployment of all casualty solutions within their markets.  

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The newly appointed regional leaders include Mike Betti in the Central zone; Mike Chiaramonte in the North-East; Allison Kelly in the South; Tom Pfingstag heading the South-East; and Todd Squiers leading the West. 

Sedgwick chief growth officer Scott Rogers stated: “This structure represents a tremendous opportunity for Sedgwick to utilise our team’s extensive market knowledge, relationships and expertise. With Brad’s leadership, the team is well-equipped to meet, align with, and surpass the needs of current markets, partners and prospective clients in the years ahead.” 

Rogers also highlighted that the new growth structure focuses on key market segments and regions to strengthen the company’s position and improve accessibility and service levels in local markets. 

Earlier in the month, Sedgwick elevated Kumar Siva to the role of chief operating officer in Canada from senior vice-president for third-party administration (TPA) services and desktop solutions. 

Meanwhile, in September 2024, the company received a $1bn equity investment from Altas Partners, putting its enterprise value at nearly $13.2bn.