Memphis, Tenn.-based Sedgwick Claims Management Services Inc. said it has established the Sedgwick Institute, which it descibes as "an interdisciplinary community of thought leaders dedicated to elevating the dialogue around issues affecting the risk and benefits industry."
Sedgwick said it expects that members of the institute will draw on their backgrounds in business, government and academia to conduct and publish scholarly research; develop forums for information-sharing; forge partnerships with industry entities; shape legislation affecting industry stakeholders; and drive innovation in the risk, insurance and benefit industry segments.
Christopher Mandel, Sedgwick senior vice president of strategic solutions, will lead the Sedgwick Institute, the company said. Mandel has more than 25 years of experience in insurance and corporate risk management, including previous leadership roles at USAA, Liberty Mutual, Marsh, Verizon, American National Red Cross and PepsiCo.
“Our vision for the Sedgwick Institute is to serve as an incubator for the best and brightest minds so they can advance the conversations that affect all the players in our industry, including injured and ill members of the workforce, insurance carriers, employers, property owners, third-party claims administrators, lawmakers and medical providers,” said Dave North, Sedgwick's president and CEO.
The Sedgwick Institute also named Workers’ Compensation expert Richard Victor as its first senior fellow.
Victor founded the Cambridge, Mass.-based Workers Compensation Research Institute, a public policy research organization. A student of the risk and benefits industry for more than 30 years, he has published dozens of articles on workers’ compensation and disability issues.
“Rick Victor is uniquely suited to help Sedgwick and the risk and benefits community better understand and manage the challenges of our existing Workers’ Compensation and disability systems,” said North. “Having a distinguished scholar of Dr. Victor’s caliber as our first senior fellow sets a high bar for what we can achieve through the Sedgwick Institute.”
Earlier this year, Victor retired as WCRI's president. He also previously served as an economist for the Rand Corp.
Victor will receive a grant from Sedgwick to fund research and provide thought leadership on industry issues. Drawing on his Workers’ Compensation background, Victor will focus on the challenges facing U.S. employers, injured workers, lawmakers and practitioners of occupational medicine.
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