Davies acquires SCM Insurance Services, expanding global reach

Davies Group is pleased to announce that we have signed a deal to acquire SCM Insurance Services, Canada’s largest claims processing and risk solutions provider. This is a landmark moment for us and represents our largest strategic acquisition to date. As part of the deal, Davies will acquire SCM’s three operating businesses; ClaimsPro, Canada’s leading claims adjusting firm; IPG, its third party claims administrator; and Pario, its forensic engineering, consultancy and post-loss appraisal firm. We’re excited to welcome more than 1,500 experienced professionals from SCM. Together, we’ll form a global powerhouse of approximately 9,500 colleagues across 22 countries, with combined annual revenue of more than USD $1.4 billion.

Excited to announce the next chapter in the Davies journey with the acquisition of SCM Insurance Services and the addition of Warburg Pincus and TorQuest as new minority investors. This milestone marks Davies’ entry into Canada as the clear market leader and takes the group past $1.4bn revenue, continuing our journey to become the leading services and technology group for the insurance vertical in the UK and North America. Congratulations to Dan Saulter, Matt Button, Luke Hilditch, Liam Priestley, and the entire team for their vision and relentless execution.

We are thrilled to announce our largest strategic acquisition to date: Davies has signed an agreement to acquire SCM Insurance Services, Canada’s largest claims processing and risk solutions provider.

Big news from Davies! We’re thrilled to announce our biggest strategic move yet: Davies is set to acquire SCM Insurance Services. Canada’s largest claims processing and risk solutions powerhouse. What does this mean? Even more momentum...... SCM’s standout brands like ClaimsPro, IPG, and Pario are joining the Davies family, boosting our footprint and powering up our tech-enabled, AI-driven future. And the best part? We’re welcoming 1,500+ brilliant SCM professionals to our global team! More talent. More innovation. Huge welcome to our new SCM colleagues! Dan Saulter #Davies #Insurance #Claims Read more: https://lnkd.in/egYHmSTq

Davies Acquires SCM, Canada's Top Claims Provider Davies, the leading specialist professional services and technology company, signs an agreement to acquire SCM Insurance Services, Canada’s largest claims processing and risk solutions provider, in its biggest strategic M&A to date. https://lnkd.in/eyG_CRSv

Davies Acquires SCM, Canada's Top Claims Provider. Davies, the leading specialist professional services and technology company, signs an agreement to acquire SCM Insurance Services. https://lnkd.in/eCjiweWW #captive #captiveinsurance

Davies Acquires SCM, Canada's Top Claims Provider. Davies, the leading specialist professional services and technology company, signs an agreement to acquire SCM Insurance Services. https://lnkd.in/euRsZQ4v #captive #captiveinsurance

Major Strategic Move: Davies North America Group Acquires SCM Insurance Services -Leadership Implications for PE-Backed Businesses This week, Davies North America Group announced the acquisition of Canada’s leading claims-processing and risk-solutions provider SCM Insurance Services. The deal brings together SCM’s key divisions, ClaimsPro, IPG and Pario Forensic Accounting, into the Davies global platform and marks Davies’ largest strategic acquisition to date. Once complete, revenues are expected to hit around US$1.4 billion and the combined group will span 9,500 professionals across 22 countries. For senior executive recruitment into private-equity-backed businesses, especially those looking to scale or transform, this deal reinforces three critical leadership themes: Scale and Global Footprint Matter As firms like Davies expand through major acquisitions, senior leaders must manage multi-jurisdiction operations, global teams, integration of large platforms and maintain performance across diverse geographies. Tech-Enabled Service Models Require Leadership Depth. The acquisition delivers enhanced capabilities in risk solutions, third-party administration and forensic services. Senior executives now need domain expertise—not just general management skills—and the ability to leverage technology, data and platform models to drive value. Investor Alignment and Value Creation Are Front-of-Mind. With backing from major private-equity firms (including the seller shareholders reinvesting alongside the buyer’s existing investors) the leadership hire is expected to partner with sponsor teams, engage in board dynamics and support growth, transformation and exit readiness—not simply day-to-day execution. If your business is backed by private equity, or you are a senior executive considering joining one, the question is no longer “Can you run the business?” but “Can you scale it, transform it, partner with investors and deliver value in a fast-evolving environment?” #hmncapital #acceleratingportfolioperformance #privateequity #investments #finance #venturecapital #growthcapital #executivesearch #privateequityrecruitment #privateequityjobsearch #privateequitylinkedin #Linkedin #privateequitycareers HMN Capital

Willis, a business of insurance and reinsurance broker WTW, has established a dedicated Data Centre Industry Practice for Asia, with Lay See Ong appointed to lead the new unit as Practice Leader in Asia, based in Singapore. https://lnkd.in/eAr2T-Rk

🚨Strategic Partnership Announcement Algorithmic Insurance Services, Inc dba LIRG™ Selects ManIT Labs as Global Technology Partner! We’re proud to announce our new partnership with Algorithmic Insurance Services, Inc dba LIRG™, a leading reinsurance group operating across Latin America and Europe. As Algorithmic Insurance Services, Inc dba LIRG™'s trusted technology partner, ManIT Labs will support the development of a next-generation platform for global reinsurance operations, focused on: - End-to-end underwriting automation - Real-time portfolio visibility - Seamless collaboration across teams and regions This collaboration reflects our shared commitment to innovation, operational excellence, and building a smarter, more connected future for the (re)insurance industry. 🔗Read the official announcement via Morningstar: https://lnkd.in/e82fgBcP #ManitLabs #LIRG #StrategicPartnership #Reinsurance #InsuranceTechnology #UnderwritingAutomation #SmartOps #DigitalTransformation