Reinsurance News
Davies Group
Davies to provide continuation of insurance services to Falcon
11th May 2023
Falcon Insurance PCC Limited, a Guernsey-based self-managed protected cell company has announced that following Davies’ acquisition of the captive and cell captive business of Ortac Underwriting Agency Limited, Davies has been appointed to provide the continuation of insurance services to Falcon. Through this appointment, Davies will not only provide administrative ... Read the full article
Davies to acquire insurance management portfolio from Ortac Underwriting Agency
4th May 2023
Davies, a leading specialist professional services and technology business, has signed a deal to acquire the insurance management portfolio from Ortac Underwriting Agency. Following completion of the acquisition, the business will join Davies’ existing captive management operations, within Davies’ Global Solutions business. Moreover, Ortac’s insurance management division will rebrand to Davies and ... Read the full article
Davies promotes David Leedham to Group Chief Transformation Officer
14th March 2023
Specialist professional services and technology firm Davies has announced the appointment of David Leedham as Group Chief Transformation Officer. Leedham joined Davies in 2018, through the acquisition of the Ember Group, a customer experience (CX) consulting and digital solutions business, where he had been CEO. Since then, he has led the business’ ... Read the full article
Davies appoints business leaders for new organisational structure
1st March 2023
Davies, a leading specialist professional services and technology business has announced a new organisational structure that will see the company simplify its operations, following a period of organic and M&A growth. From March 1, 2023, the firm will align across three operating units: Davies Global Solutions, Davies UK & Ireland, and ... Read the full article
Davies acquires insurance consulting business, MVP Advisory Group
30th January 2023
Davies, a specialist professional services and technology business, serving insurance and highly regulated markets, has acquired MVP Advisory Group, LLC, the consulting business specialising in advisory & transformation projects for the property & casualty and life & health insurance markets. Following the acquisition, MVP will join Davies’ global Consulting division led ... Read the full article
Davies acquires Asta Capital
19th July 2022
Davies, the professional services and technology business, has announced that it has completed its acquisition of Asta Capital, the third-party managing agent at Lloyd’s. This follows approval by regulators including Lloyd’s, the UK’s Financial Conduct and Prudential Regulation Authorities, and the Dubai Financial Services Authority. The company says the deal will ... Read the full article
Samphire Risk gets UK approval
20th January 2022
Samphire Risk has received approval from the FCA to start trading in the UK. The company gives its mission on its LinkedIn page as, “to create world-class products that insure against extortive crime, hostage-taking and kidnap; terrorism in all its guises; travel into, and within, insecure countries and locations.” It is ... Read the full article
Davies expands service offering via unit rebrand
16th November 2020
Operations management, consulting and digital solutions provider Davies Group has announced it is to rebrand its Requiem intermediary services business as the operation looks to broaden the services it provides to the market. Davies had previously acquired Requiem in 2018 from R&Q, and will be renamed to Davies Intermediary Support Services ... Read the full article
Davies acquires Citadel Risk’s captive management operations
29th July 2020
Leading specialist professional services and technology firm, Davies, has announced a deal to acquire the captive management & consulting businesses of insurance and reinsurance specialist, Citadel Risk. Citadel Management & Cedar Consulting will become part of Davies’ Insurance Services practice under the new deal, which is led by CEO Steven Crabb. ... Read the full article
Davies launches consulting business in Bermuda
21st October 2019
Operations management, consulting and digital solutions provider Davies Group has launched a new compliance & regulatory business in Bermuda. Davies Consulting (Bermuda) will provide insurance operations and consultancy solutions for insurance intermediaries and re/insurers. Davies says this new business will also deliver advisory and operations support for businesses looking to enter the ... Read the full article
Davies Group acquires workers’ comp claims administrator
18th October 2019
Operations management, consulting and digital solutions provider Davies Group has announced the acquisition of Alternative Service Concepts, a workers’ compensation and property casualty third party administrator. ASC is set to join Davies’ newly formed North American Claims Solutions business, alongside its recently-acquired independent adjusting business, Frontier. ASC will form a new ... Read the full article
Davies Group in first US claims deal with Frontier acquisition
13th September 2019
Operations management, consulting and provider of digital solutions, Davies Group, has announced the acquisition of multi-line independent claims adjusting provider, Frontier Adjusters. The deal is Davies Group's fourth acquisition of 2019 and its first U.S. claims deal. The acquisition sees Frontier form the independent adjusting arm of Davies' new US Claims ... Read the full article
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