Davies Group has established Assurex Global London (AG London), a wholesale brokerage specialising in property and casualty (P&C).  

The new broker will operate on the Davies Broking Services platform as an appointed representative, granting direct access to London’s insurance markets. 

As part of the Assurex Global group, AG London will initially offer specialised insurance products and programmes across various lines including professional and financial, marine and cargo, product recall, cyber and political risks.  

There are also plans to include additional lines later. 

The Assurex Global group is a network of more than 100 independent agents and brokers worldwide. 

Additionally, AG London will utilise the Davies Broking Europe platform for European risks, following its Lloyd’s accreditation in July 2024.  

This accreditation allows for engagement with the European Economic Area. 

Davies Broking Europe director and managing director of Intermediary Services Steven Goate said: “We are extremely pleased to announce the launch of AG London, which, operating with a broad range of support from Davies Broking Services and Davies Broking Europe, will drive additional value for Assurex Global Partners and the wider independent insurance channel. 

“This further demonstrates our ability to not only help launch brokers in the UK but also facilitate their access to the European market.” 

AG London president Will Ripley stated: “We are grateful for the support from Davies in establishing AG London as an appointed representative and building the platform that enabled us to begin trading from 1 September 2025.  

“Now that we are operational, we are excited to work with independent brokers across the Assurex Global network and beyond, providing a truly independent option in the London market. 

“Through our unique ‘one of one’ model, we will deliver the access, expertise and long-term solutions that empower all independent brokers to compete and win for their clients.” 

In May, Davies Group secured £275m ($370m) in new credit facilities, which it will use to speed up organic growth and support mergers and acquisitions.  

The company intends to leverage these resources to enter new markets, with a focus on North America, Asia-Pacific, and Europe, the Middle East and Africa.