Arcadian Risk Capital Launched Bermuda Property Team
The firm expanded its global property underwriting operations by establishing a new team in Bermuda.
Updated on Oct. 5, 2026 in Commercial
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Arcadian Risk Capital has launched a Bermuda-based property underwriting team to build a portfolio of commercial and specialty insurance. This move aims to complement the firm’s existing London property account.
Why it matters
The expansion is designed to enhance the company's property capabilities while maintaining a focus on sustained profitability through disciplined pricing and risk selection.
The firm's new property portfolio consists of 70% general commercial property and 30% technical risks. Technical risk coverage specifically includes power, renewables, molten metals, and heavy manufacturing.
The players
Arcadian Risk Capital
Arcadian Risk Capital is an insurance firm that operates with locations in Ireland and the United States.
Gavin Davis
Gavin Davis is the newly appointed executive vice-president of Bermuda property D&F who previously worked at Hamilton Re, Montpelier Re, Axis Capital, and Guy Carpenter.
The details
Gavin Davis serves as executive vice-president of Bermuda property D&F and will lead the effort to build a portfolio of commercial and specialty property insurance and facultative reinsurance. The company successfully secured carrier support for the new Bermuda-based product line.
Timeline
October 5, 2026: Arcadian Risk Capital announced the launch of the new Bermuda team.
Culture Shift
This development reflects a broader industry movement among global insurers to consolidate specialized property underwriting within the Bermuda market. The expansion demonstrates a strategic shift toward capturing high-value North American specialty risks through dedicated local hubs.
Clients in the North American commercial and technical risk sectors may see increased capacity and new coverage options available through the firm. The focus on disciplined pricing suggests that brokers and policyholders should expect stable, calculated risk selection processes.
The takeaway
Arcadian Risk Capital is pivoting toward a more specialized property portfolio to capitalize on technical risk demands in North America. Businesses seeking specialty insurance for heavy manufacturing or renewable assets may find expanded underwriting capacity through this new team.
Further reading
Learn more about the latest developments in Commercial underwriting and property insurance trends.
Source note: This article includes information reported by The Royal Gazette.
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