Sedgwick has taken full ownership of Danish loss adjuster Leif Hansen after previously holding a minority stake in the firm.
Terms of the transaction have not been disclosed.
Sedgwick Leif Hansen is Denmark’s largest provider of insurance services, including loss adjusting, third-party administration, workplace accident prevention and construction consulting.
Because it has operated under the Sedgwick brand since 2018, the company said clients won’t see any change following the takeover.
Sedgwick Leif Hansen founder Christian Leif Hansen will remain at the helm of Sedgwick’s operation in Denmark and assume a senior role in the company’s Nordic leadership team.
Sedgwick said the acquisition reflects its commitment to investing in the Nordic region and positions the company well for continued strategic growth.
It said the team in Denmark will be able to leverage the technical and environmental expertise of Sedgwick’s EFI Global division in Europe to support clients throughout the Nordics.
“This agreement will help ensure that we continue to build on our strength and reputation in Denmark and in the Nordic market,” Leif Hansen said. “We have worked closely with Sedgwick for many years and believe that full integration with them will enable us to provide the best possible service to our customers, as well as support further growth based on their global resources, reach and expertise.”