Terms of the deal have not been revealed. York was last sold in 2014 to Onex for $1.33bn (£1.05bn)
It is the third Sedgwick acquisition in the past eight months, but the company’s largest since being
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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