As well as naming a deputy CEO, the organisation aims to grow global revenues by up to £3 billion ($3.71 billion) by the end of 2030.

Davies, a London-headquartered professional services and technology company serving insurance and other regulated markets, has appointed Matt Button as deputy group CEO, with effect from 1 January.

Button, who will lead Davies’ business units across operations, sales, and marketing, reports to group CEO, Dan Saulter.

At Davies since 2015, Button has served as group M&A director, and latterly as CEO of Davies North America, now the firm’s largest business unit, following its launch in 2019. 

Separately, the firm has unveiled its Vision-2030 strategy that will see the firm focus investment across four major lines and themes: technology and AI; organic growth and cross-selling; geographic and solution expansion; and operational excellence.  Davies aims to grow annual global revenues to £2.5 to 3.0 billion ($3.71 billion) by the end of 2030, it said in a statement late last week. 

Button has grown annual revenues in North America from zero to almost $500 million in the past five years, the firm said. 

Earlier in 2024 Davies appointed Amber Wilkinson as group CFO, a role she will be taking up in January 2025.

Following Button’s promotion, Davies will run a short internal process in the first quarter of this year to appoint a new North America chief executive. In the meantime, senior Davies executive, Dhara Patel, will become interim CEO of Davies North America until the role is filled. Patel joined Davies in 2023 following Davies’ acquisition of ACM, USIS, PGCS and ICA and was promoted to president and deputy CEO of Davies North America in July 2024. 

The firm has more than 8,500 colleagues operating in more than 20 countries, with large operational centres in the UK and US. The business delivers professional services and technology solutions across the insurance and financial services value chain, including claims, underwriting, distribution, regulation and risk, dispute resolution, customer experience, human capital, digital transformation and change management.