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Davies acquires audit, loss control unit from Kaufman

Posted On: Apr. 12, 2023 12:58 PM CST

acquisition

London-based claims management company Davies Group Ltd. said Wednesday it has acquired Afirm Solutions, a unit of broker H.W. Kaufman Financial Group.

Terms of the transaction were not disclosed.

Fort Collins, Colorado-based Afirm provides premium audit and loss control inspection services across commercial and personal lines in the U.S. and parts of Canada. The company has 250 employees.

Afirm will form part of Davies U.S., led by CEO Matt Button. Mark de Waal, president of Afirm, will continue to lead the business in addition to joining the insurance services leadership team within Davies U.S.

All Afirm employees will continue in their roles within Davies U.S.