Since our launch in early April 2024, Devonshire Underwriting has made significant strides in the transactional risk insurance sector. Today, we are thrilled to celebrate a notable milestone: doubling the size of our team. This growth underscores our commitment to excellence and our ability to attract top talent in the industry.
Welcoming New Talent
In the past few months, we have welcomed several exceptional professionals to our team, each bringing unique expertise and enthusiasm to our dynamic environment.
- Michael Grant, who joined us in July as an Underwriting Manager, brings a wealth of experience and market connections, enhancing our underwriting capabilities and senior team.
- Sam Jeater, who came on board in April as an Underwriting Manager, adds strategic insight, financial expertise and a deep understanding of the industry, strengthening our leadership.
- Our new Analysts, Henry Denegri and Ellie Jackson, represent the future of our industry. They join us with impressive academic credentials and a passion for finance, law, mergers & acquisitions, and insurance.
A Compelling Market Offering
Founded by our quartet of Partners – Natasha Attray, James Dodd, James Fletcher, and Charles Turnham – Devonshire Underwriting has quickly carved out a compelling offering in the market.
Our team of eight stands out now for its expertise and focus, providing specialised transactional insurance products (including Warranty & Indemnity, Tax, and Contingent), to a global clientele, with an agile and partner-led service proposition. July marked another significant achievement for Devonshire Underwriting. We received approval from Lloyd’s to write business in Europe and officially launched into the European market. This expansion allows us to serve key markets, including the Nordics, Germany, France, Spain, Benelux, Poland, Italy, and CEE countries. These regions are known for their robust M&A environments and substantial transactional risk activity.
Fostering New Talent
We are particularly proud of our commitment to fostering new talent in the industry. By welcoming graduate-level analysts like Henry and Ellie, we are providing a platform for individuals passionate about our field to launch their careers. Our knowledge-sharing culture ensures that all team members, from seasoned professionals to newcomers, continuously learn and grow.
At Devonshire, our culture is built on the pillars of agility, proactivity, and expertise. These values are not mere buzzwords; they are the foundation of our approach. In the fast-paced world of transactional liability insurance, we pride ourselves on our ability to adapt swiftly and provide precise, bespoke solutions tailored to each client’s needs.
Meeting Market Demands
The M&A landscape in the remainder of 2024 is expected to be vibrant, driven by a broad trend towards more stability in interest rates, as well as pent-up demand, and industry-specific pressures, which are increasing demand for transactional risk insurance.
As we expand, we are well-positioned to meet the growing demand across Europe. Our expertise in handling complex risks enables us to support large transactions in sectors such as infrastructure, technology, logistics, healthcare, and financial services. We anticipate a number of significant deals emerging throughout the year and are already involved in early discussions to support these transactions.
Commitment to Excellence
At the heart of Devonshire’s approach is a commitment to technical excellence, innovation, and premium service levels. Our underwriting process is characterised by meticulous attention to detail and a deep understanding of the nuances inherent in transactional risk insurance.
We extend our heartfelt thanks to our clients, brokers, partners, and team members who are supporting us on our journey so far. As we look to the future, we remain committed to upholding our values of excellence, innovation, and agility – and are proud to be doubling down on our expertise with our talented team.
