"Max has been an instrumental part of the Sedgwick team for the past four years, and his expertise in the field is truly unparalleled," Jim Ryan, president, casualty at Sedgwick, said in a statement. (Photo: Sedgwick) “Max has been an instrumental part ofthe Sedgwick team for the past four years, and his expertise in thefield is truly unparalleled,” Jim Ryan, president, casualty atSedgwick, said in a statement. (Photo: Sedgwick)

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Sedgwick has appointed Max Koonce chief claims officer of itscasualty division. In his new role, he will be responsible forproduct development and innovation, industry analysis and thoughtleadership, best practices and compliance standards, legislativeand regulatory relationships, and continued involvement in clientprograms for Sedgwick's U.S. workers' compensation and liabilitylines of business.

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Koonce will also work with subject matter experts acrossSedgwick's various casualty business lines in further improving thecompany's compliance standards and claim-handling bestpractices.

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Related: Upward pricing predicted for most lines of businessin 2019

Past experience

Prior to joining Sedgwick in 2015, Koonce served assenior director of risk management for Walmart Stores Inc., thenation's largest private-sector employer, and as president of itswholly-owned third-party administrator. An attorney by trade, hewas previously an administrative law judge for the ArkansasWorkers' Compensation Commission and an appellate court justice forthe Arkansas Court of Appeals.

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“Max has been an instrumental part of the Sedgwick team for thepast four years, and his expertise in the field is trulyunparalleled,” Jim Ryan, president, casualty at Sedgwick, said in astatement. “We are excited to see where Max will take Sedgwick'scasualty division in his new role.”

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Related: The Carlyle Group finalizes majority ownershipacquisition of Sedgwick

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].