Agman Hires Ex-Brit Americas President Davies To Expand Insurance Portfolio

Chicago, IL: Agman, an entrepreneurial investment firm, announced today that Nick Davies has joined the company as an Operating Partner. Nick will support the firm’s expanding insurance platform, which includes Virtus, an insurance brokerage and consulting firm, and Omaha National, a technology-enabled provider of workers compensation insurance to small and medium-sized businesses.

“We are delighted to welcome Nick to our team. He has the breadth and depth of entrepreneurial experience to enhance our rapidly growing platform. We are excited about exploring a number of strategic initiatives with him,” said Scott Silverman, CEO of Agman.

Nick has 25 years’ experience in the international insurance and reinsurance markets, most recently as a group executive for Brit Insurance, where he served as President of their US and Bermuda business. Brit Global Specialty Americas spanned property, casualty, professional, and reinsurance and wrote approximately $1.5 billion in premium during Nick’s tenure. He served as Chairman of Brit USA, Brit Bermuda, and Commonwealth Insurance, and helped establish Brit as a market leader for a range of US products.

Nick previously held a number of senior roles in start-up businesses with a focus on catastrophe risk and complex US casualty. As an early employee of Brit in London he helped establish its Property Division and led their entry into War and Terrorism post 9/11, building a business which remains one of the most successful in the London market. Nick subsequently joined Western Re Managers, a Lloyd’s MGA specializing in catastrophe risk, where he helped expand their earthquake and terrorism products, before re-joining Brit in 2009 as their first US employee.