Liability Risk and Insurance
Sedgwick merger
SOC Group (formerly Sedgwick Oakwood Capital) and Hampden have agreed to merge their members’ agency business, with SOC paying
over £5mn in cash and shares. This will create the largest members’ agency in the
Lloyd’s market, managing around £1.5bn capacity and advising almost 2,000 unlimited liability Names, 540 namecos and seven collective
conversion vehicles.