DAVIES ACQUIRES LITTLETON GROUP

Insurance services firm Davies has acquired Texas-based insurance claim services provider Littleton Group. Littleton delivers third-party administration and claims adjusting for insurance carriers, managing general agents, offshore and stateside captives, municipalities, private entities and self-insured businesses in the US. Davies said Littleton will join its US-based claims solutions arm, adding the acquisition adds “significant scale” to its existing property/casualty (P&C) operations. All 165 employees will continue in their roles within Davies. Littleton chief executive, Steve Streetman, will join Davies in an advisory and consulting role to support integration and growth initiatives. The deal is the latest in a string of acquisitions by Davies. Earlier this month it bought UK-based home emergency specialist Nationwide Property Assistance, while in December 2020 it bought Wakely Actuarial, an actuarial consultancy in Florida.