Our History
The ADZIB office was set up in 1978 as the Asia Regional HQ for Sedgwick Group, including the businesses of Guy Carpenter, E.W Payne and Price Forbes.
The ADZIB office was set up in 1978 as the Asia Regional HQ for Sedgwick Group, including the businesses of Guy Carpenter, E.W Payne and Price Forbes.
The origin of ADZIB dates back to 1978 when it was initially set up as an agency for the Asia Regional HQ for Sedgwick Group, including the businesses of Guy Carpenter, E.W Payne and Price Forbes. Sedgwick were listed on the London Stock Exchange and by 1995, became Europe’s largest Risk and Insurance intermediary.
The agency functioned as the Correspondent office for the Sedgwick Group from 1983 onwards when the said Group’s HQ shifted to Singapore, until MARSH acquired Sedgwick in 1998. This entity thereafter became ADZ Insurance Brokers (Pvt) Ltd which it is now known as and currently operates in Sri Lanka and Bangladesh in association with MMC Companies while it still continues its ties in Maldives.
At ADZIB, leadership is a mindset, not a title. All colleagues have an elevated duty to amplify our impact: making our clients more successful; our communities more resilient; our people more empowered, and our company, more enduring.
Clients are at the centre of what we do and what we have done over the past 40 years. We work for our clients to provide customized and innovative risk management and insurance solutions. We understand that cost containment is as important as risk management.
We build strategies to help clients maximize opportunity in ever-changing times, and through those partnerships emerge relationships that are based on integrity and trust.
2020 brought out the best in ADZIB. It was a year of workarounds – that sparked innovation. It was a year of urgency, and it was a year of physical distance – that created profound connection. We believe businesses will need to consider their strategy for recovery following the pandemic, to best adapt to the landscape of today’s global market.