Davies launches Bermuda compliance and regulatory consulting arm

Today sees the launch of Davies' new Bermuda-based compliance and regulatory consulting business. Specialising in providing insurance operations and consultancy solutions for insurance intermediaries and re/insurers with operations in Bermuda, the UK and globally, the operation will mirror its established operations in the UK and its team of experienced professionals in the Lloyd’s, London and international insurance markets.

Insurance services CEO, Steven Crabb said: “We are delighted to announce the launch of Davies Consulting (Bermuda) which will extend the value proposition of our compliance consultancy and outsourced services to insurance intermediaries, (re)insurers and their Bermuda operations. We are seeing an increasing demand from our clients for compliance expertise to help them navigate changing regulatory environments in the UK, Bermuda and the US.”

Davies delivers both advisory and operations support for businesses wishing to enter the UK insurance intermediary regulatory environment. Alongside its Insurance Services business, Davies offers its clients a broad range of distribution, technical, consulting and technology solutions. The group has a well-established presence in Bermuda in captive management provider, Quest, headed by Nick Frost.

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