ProAdjust has been acquired by Davies Group

The Davies Group has acquired ProAdjust in a strategic move to increase its expertise and offering in Ireland. With this acquisition, the Davies Group aims to expand its property loss adjusting expertise in Ireland, while ProAdjust will join Davies’ claims solutions division in the UK and Ireland.

ProAdjust is a specialist provider of loss adjusting and claims management services to the insurance market in Ireland. It has 20 years of experience specializing in personal and commercial property claims, and deploys, at scale, loss adjusting solutions during claims surges and catastrophic events. The company has 40 employees serving insurance companies and policyholders.

Davies Group provides specialist professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation and risk, forensic accounting, customer experience, human capital, digital transformation and change management. It has over 6,000 employees operating across Bermuda, Canada, India, Ireland, Spain, Switzerland, the UK and USA.

Oaklins’ team in Ireland acted as the exclusive M&A advisor to the shareholders of ProAdjust on their sale to Davies Group.