Arcadian Risk Capital Launched Bermuda Underwriting Team
The new team will focus on commercial property and technical risk insurance for businesses across North America.
Updated on Oct. 5, 2026 in Commercial
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Arcadian Risk Capital has established a property underwriting team based in Bermuda to manage commercial property and specialty risks. The operation primarily serves the North American market, accounting for approximately 90 percent of the team's total business.
Why it matters
This expansion broadens the company's property insurance capacity, aiming for long-term profitability through disciplined risk selection. It complements existing property accounts in London while preparing the firm for potential entry into the U.S. excess and surplus lines market.
The new portfolio is split between 70 percent general commercial property and 30 percent technical risks, such as renewables and molten metals. This new Bermuda-based team complements an existing property account previously managed solely from London.
The players
Arcadian Risk Capital
An insurance and reinsurance firm that provides specialty property coverage and maintains operations across the United States, Ireland, and Bermuda.
Gavin Davis
The executive vice-president of Bermuda property D&F who brings prior experience from roles at Hamilton Re, Montpelier Re, Axis Capital, and Guy Carpenter.
The details
The team provides both commercial property insurance and facultative reinsurance by leveraging secured carrier support for the Bermuda product line. By balancing traditional commercial property with technical risks like heavy manufacturing and power infrastructure, the firm aims to maintain a disciplined approach to underwriting. Operations are supported by the existing infrastructure established in Ireland and the United States.
Timeline
October 5, 2026: Arcadian Risk Capital announced the launch of the new property underwriting team.
The Home Front
This development reflects a long-standing industry trend of utilizing Bermuda as a strategic base for underwriting large-scale technical and commercial property risks. It follows the established pattern of major firms seeking to diversify their global insurance portfolios.
Business owners should review their existing commercial property insurance policies to ensure their coverage accounts for both standard and specialty technical risks. Consult with a licensed commercial insurance broker to determine if current policy limits and risk categories align with your specific asset types.
The takeaway
Arcadian Risk Capital is expanding its global capacity to offer more specialized technical risk coverage for North American commercial properties. Property owners and managers should keep updated on shifting underwriting standards as firms increasingly pivot toward specific heavy manufacturing and renewable energy risk profiles.
Further reading
For broader trends in global business insurance, see our Commercial section.
Source note: This article includes information reported by The Royal Gazette.
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