Reinsurance News

Davies

Davies to acquire Canada’s SCM Insurance Services

11th November 2025

Davies, a specialist professional services and technology firm serving the insurance market, has signed an agreement to acquire SCM Insurance Services (SCM), Canada’s largest claims processing and risk solutions provider. As part of this acquisition, SCM’s three operational entities will be integrated into the Davies global platform, these include ClaimsPro, Canada’s ... Read the full article

Davies launches new agentic AI features to its ClaimPilot product suite

7th October 2025

Davies, a specialist professional services and technology firm serving the insurance market, has unveiled new agentic artificial intelligence (AI) features to its ClaimPilot product suite designed to transform the claims process. The firm has developed and is deployed two new AI-agents that will assist casualty claims handlers and adjusters, freeing up ... Read the full article

Davies unveils new AI workbench to accelerate underwriting decisions

26th September 2025

Davies, a professional services and technology provider for the insurance and highly regulated markets, has unveiled its new AI Underwriting Workbench platform to deliver faster, data-driven decisions. The platform strengthens Davies’ existing underwriting practice, helping clients optimise their approach and overcome common pain points of traditional systems of record, including multi-carrier ... Read the full article

Davies names Adam Warwick as Group Chief Information Officer

23rd September 2025

Davies, a specialist in professional services and technology solutions for insurance, financial services, and other regulated industries, has announced the appointment of Adam Warwick as Group Chief Information Officer (CIO). Warwick joins from Bravura, a global software solutions provider, where he was Group Chief Technology and Product Officer. He brings more ... Read the full article

Davies launches specialist P&C wholesale broker AG London

3rd September 2025

Davies, a professional services and technology provider for the insurance and regulated markets, has launched Assurex Global London Limited (AG London), a bespoke specialist property and casualty wholesale brokerage. AG London, part of the Assurex Global group - an exclusive partnership of independent agents and brokers, aims to provide enhanced services ... Read the full article

Davies names Richard Barke as CEO of Insurance Solutions division

12th August 2025

Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth strategy, working closely with Davies’ global leadership team to advance continued investment in technology ... Read the full article

Chambliss to manage Davies new flood division aimed to manage large-scale NA claims

30th July 2025

Davies, a specialist professional services and technology provider for the insurance and regulated markets, is expanding its existing flood claims management with the launch of a new dedicated flood services division. This new division, led by Jessica Chambliss as Senior Vice President, Flood Services, will allow Davies to manage large-scale claims ... Read the full article

Davies names Mike Heard President of Operations for North America amid strategic growth initiatives

22nd July 2025

Davies, a professional services and technology provider for the insurance and regulated markets, has appointed Mike Heard as President of Operations for its North American business. Heard will report to Dhara Patel, CEO of Davies North America, and will be responsible for overseeing the company’s operations in the region. He joined Davies ... Read the full article

Lloyd’s approves novation of GIC syndicate 1947 managing agency services to Asta

1st July 2025

Lloyd's, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re's syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to both the open and prior years of GIC syndicate 1947 and sees Asta provide a full range of oversight ... Read the full article

Davies appoints James Ferris as CEO of Captive Management business

26th June 2025

Davies, a specialist professional services and technology company, has announced the appointment of James Ferris as CEO of its Captive Management business, effective 1st July 2025. Based in Bermuda, Ferris succeeds Nick Frost, who will assume the role of Chairman after serving as Captive Management CEO for 14 years. Ferris brings more ... Read the full article

Davies £275m in new senior credit facilities to help accelerate growth strategy

22nd May 2025

Davies, a professional services and technology specialist serving the insurance market, has secured new credit facilities of £275 million ($370 million), from its existing lead lender Blackstone, to support the company’s growth. The new senior facilities will provide financing to support the firm’s global M&A strategy, investment in GenAI and automation, ... Read the full article

Dhara Patel promoted to CEO of Davies North America

13th March 2025

Davies, a professional services and technology specialist, has announced the promotion of Dhara Patel to CEO of its North American business, succeeding Matt Button. Button, who has been with Davies for nearly a decade, served as CEO of Davies North America since July 2023. Earlier this year, he was promoted to ... Read the full article