Professional services and technology business Davies has acquired Asta, a third-party management agent at Lloyd’s. The deal expands Davies’ ability to offer end-to-end insurance management solutions to intermediaries, captives, syndicates, insurers, reinsurers and insurtech businesses.

Julian Tighe, CEO of Asta and Simon Norton, the firm’s CUO, will retain their current responsibilities and join Davies’ global executive leadership team.

Dan Saulter, group CEO at Davies, said: “I am delighted to welcome Julian, Simon and the wider Asta team to Davies. The business is a fantastic fit for us, bringing a wealth of underwriting management experience across the Lloyd’s market, as well as widening our insurance services offering for our insurance and highly regulated clients globally.”

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