14.01.2026
Rhys Davies joins Texel to the newly created role of Head of Restructuring
14 January 2026: The Texel Group (“Texel”), the leading independent specialist credit and political risk broker, has appointed Rhys Davies as Head of Restructuring – a newly created role that reports into Carol Searle, General Counsel and Board Director.
Rhys joins from AXA XL where he was the Claims Manager for Political Risk, Credit and Bonds and Crisis Management. Prior to that he was a partner in the London office of the global law firm Kennedys, in the Financial and Political Risks division, with a particular focus on the Credit & Political Risk and War, Terror, and Political Violence insurance markets. Rhys qualified as a solicitor of England & Wales in 2010. His practice was multi-jurisdictional with underlying risks located in the UK, Latin America, North America, EMEA and Asia and he has significant experience of many forms of dispute resolution including litigation, arbitration and mediation. He has also advised clients in respect of policy wording reviews.
This position has been established to strengthen Texel’s client services through the development of a centre of excellence. Rhys is working alongside the broking team and the claims team, led by Jerry Kohler, to deliver comprehensive support to clients in diverse credit and political risk scenarios, offering expert counsel on policy management throughout debt restructuring processes.
Rhys Davies commented: “The opportunity to establish a centre of excellence at Texel and shape our approach to supporting clients through complex credit and political risk scenarios is incredibly exciting. I can combine my claims experience with my legal background to help the talented team continue to deliver innovative solutions for our clients alongside the high-quality service Texel is known for.”
Carol Searle, General Counsel and Board Director, said: “Rhys is a fantastic addition to Texel and we are delighted to welcome him to the Group. His specialist skillset brings invaluable expertise to our clients, and will enhance the service and products we can deliver to clients ensuring we continue to set the standard for our industry.”
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Media contact
Rebecca Young