Our services include premium credit control, delegated authority management, reinsurance project support, audit solutions and financial review programmes. Our service solution is flexible to meet our clients requirements and is delivered through our own bespoke system or using third-party client systems. Our sole focus is therefore on meeting the needs of our clients who do. Typically the premium collected does not form part of our clients debtors as they may not be aware of the premiums owed to them. Allison Carr is promoted to CEO and Gary Fitzpatrick to Chief Commercial Officer. Davies Acquires Insurance Risk Services, Inc. | Sherman & Co. We achieve this by establishing a Captive Syndicate at Lloyds which offers, licensed paper, reduced reliance on fronting partners and competitive fees. We have been the LMAs preferred credit control service provider to the Lloyds market since 2013 and currently manage in excess of 8.5bn of premium across 54% of Lloyds UMRs. Depending on your circumstances and objectives, we offer a range of bespoke solutions including a full Syndicate, a Syndicate-in-a-Box, a Special Purpose Arrangement (SPA), or Captive Syndicate. The types of captives that are suited to the syndicate model include, among others: Once your business is established at Lloyds we provide continued access to a wide-ranging team of specialist experts who deliver everything your business needs and more Underwriting Management, Compliance, Actuarial, HR, IT, Finance, Risk Management and Company Secretarial all under one roof, providing you with a truly complete solution. We provide capacity support services in a wide range of insurance classes and disciplines, as well as general bespoke service support to entities involved in the broking and delegated underwriting arena. The first deal we did was the deal for Frontier now we want to add new capabilities around Frontier and the most obvious thing is to add a broader set of desk claim solutions capabilities in the TPA space. Our services include data validation in readiness for change, support in respect of full implementation, strengthening, migration and upgrading an existing system. I look forward to working closely with Allison and Gary in the years ahead as we execute on our plans. 18,683 followers. The unit will see the firm bring together its Claims Solutions UK & Ireland and Legal Solutions businesses, creating a 3,000+ person team delivering claims TPA, adjusting, legal services, supply chain, technology, and ancillary services to its clients across the UK and Ireland. We supply experienced personnel to support ceded reinsurance teams in areas such as: Utilising surge resource, leaves the incumbent staff to continue with their daily roles. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. A review would validate data requirements pre system conversion and could be done months before an implementation start date. Home - Davies . Select your location and related market below and a member of our team will be in touch. Kath Mainon, CEO of Claims Solutions UK & Ireland, continues in her role and will report to Carr. Over-funding and mismanagement of Loss Funds is an inherent problem within the London Market. Disclaimer: Lloyds is proposing to transfer certain EEA insurance policies to Lloyds Brussels. It's important that @Davies_Group' position its business units and leadership' to best serve its clients, says chief executive https://insurancetimes.co.uk/news . We provide a complete solution for all administrative MGA processes. DAVIES GROUP - Company Profile | Indeed.com CEO - Insurance Services steven.crabb@davies-group.com Chris Butcher CEO - Intermediary Services chris.butcher@davies-group.com James Jacob Director Market Services james.jacob@davies-group.com Nicholas Frost President - Captive Management nick.frost@davies-group.com Steven Goate Director - Intermediary Services steven.goate@davies-group.com Davies Group Reviews: What Is It Like to Work At Davies Group? Kyle Davies Expand search. We take the view that we have to be investing very strongly ahead of the curve in the whole area of technology, and automation, he said. Davies makes senior promotions amid business restructuring With the latest market intelligence, we seamlessly facilitate your subrogation management and claims recovery needs. The number one factor is the cultural fit of the target, he said about potential acquisitions. Get in touch directly using our contact form. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. Please feel free to share your comments below. What's behind insurer's huge transformation. An independent launch and host incubation platform for new and established MGAs and intermediaries. Powering innovation for insurance & highly regulated markets. In the US, we see a number of dynamics [that make our proposition stand out]. Reach the largest reinsurance audience. Give your customers the claims experience they deserve, Time to transform your customer touchpoints. We are at the forefront of new technologies by continuously investing in innovation and digital transformation, LONDON, UK 08 September 2022 Davies, the leading specialist, Tell us about your role and how you got to where, Last week saw extreme heat across both the UK and Ireland., LONDON, UK 18 July 2022 Davies, the leading specialist, Davies, the leading specialist professional services and technology business, serving insurance, As the regulatory burden for insurers and brokers continues to increase. Our Delegated Authority Group Services (DAGS) is a unique and pioneering market offering to the Insurance industry which has been designed to meet the requirements within the Delegated Authority life cycle. In his role as a Client Specialist, he executes a . Davies Group scoops up Northshore International | Insurance Business LONDON, UK 22 March 2021 Davies, the leading specialist, LONDON, UK 16th March 2021: Funds advised by BC Partners,, LONDON, UK 03March2021Davies, the leading specialist professional services and technology business,, LONDON, UK 1 October2020 Davies, the leading specialist professional services. 1mo. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG After working in a variety of positions as a chartered accountant, CEO of Davies Group, Dan Saulter (pictured), first got involved in the insurance industry when he went to work forTowergatein 2007. What Davies wants to do is to replicate what it does in the UK over in the US, inBermudaand in Ireland, he said. CEO, Insurance Services U.S. Robert.Dewen@davies-group.com Jose Bridges COO, Audit & Inspection Jose.Bridges@us.davies-group.com Dave Valenzano COO, Actuarial/Consulting & Chief Growth Officer Dave.Valenzano@us.davies-group.com Talk To Us Contact us for a free consultation with one of our experts. Michael Plazony, FLMI - Partner - MVP Advisory Group, A Davies Company For further details about how your information will be used, please visit our Privacy Policy and Terms and Conditions. Carr was recently CEO of Davies' Legal Solutions arm, Keoghs. Back in January the firm received a significant investment from a new Canadian shareholder AIMco, an Alberta-based pension fund. Over the last six years, we have returned over 160m to the market for Lloyds managing agents and London Market companies across a variety of classes. Steve Evans Ltd. registered in England No. James Jacob, Director at Insurance Services explains why Londons market modernisation, Delegates are heading to Brighton for the Insurance and Reinsurance Legacy, Our colleagues Nikhil Gandesha from Sionic and Natalie Larnder from our, As brokers prepare to head for Manchester for the first face. In the constantly changing world of reinsurance, we supply experienced technical resource to support the business. 10 August 2021. The service captures the full life cycle of the policy from the initial risk capture to the production of a written bordereau and creation and settlement of the paid premium bordereau. Our CEO of Claims Solutions UK and Ireland, Kath Mainon, was a part of Modern Insurance Magazine 's recent roundtable alongside other experts in #insurance . He joined Davies as CEO in July, 2013 and led the organisation to impressive growth in 2019. The move follows on from Davies announcing a definitive deal with BC Partners in March this year, which saw the latter take a majority stake in the business to support the next step in its. NPA will form part of Davies' existing Claims . The service captures the full life cycle of a policy; from the initial risk capture to the production of a written bordereau and creation and settlement of the paid premium bordereaux. No matter the project or goal, we work with our clients to provide custom solutions that are intuitive with the goal of optimizing operations. Matt Burton will continue to lead the division who has been with the company for eight years; Burton previously led the firms global M&A program. http://www.davies-group.com Industries Insurance Company size 5,001-10,000 employees Headquarters City of London, England Type Privately Held Specialties Insurance, Claims, Claims Management,. Davies UK & Ireland will be led by Allison Carr, who has served in various senior executive roles over her 21-year career with Davies and Keoghs, latterly as CEO of Davies Legal Solutions arm, Keoghs. I think thats not a surprise, however, Saulter said, the insurance market is resilient through economic booms and busts which is partly why its very interesting for investors and private equity. Accelerate onboarding. Select your location and related market below and a member of our team will be in touch. We provide dispute resolution and risk services for the UK insurance industry across: motor, casualty, complex and specialty classes. Davies, a specialist professional services and technology business, serving insurance and highly regulated markets, has acquired MVP Advisory Group, LLC, the consulting business specialising in advisory & transformation projects for the property & casualty and life & health insurance markets. The challenge for us is to bring all the things we think make Davies special in the UK and Ireland and marrying them in a clever way in the US so we have something new to offer that market and present something they dont already have thats to be more joined up, higher tech invested and have more automation where needed.. So, this is all about finding ways of doing certain types of claims and perils in new ways that shorten the process and contain costs for insurers. July cyber-attack causes backlog for Davies - Insurance Post Merlinos will become part of Davies' global insurance services business led by CEO Steven Crabb, and all 50 Merlinos employees will remain in their roles within Davies. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. We offer our clients actuarial, product development/management, regulatory compliance, and risk management consulting services to help them make informed decisions and develop strategies that best fit their business needs. Surprisingly in the insurance market that hasnt been done much yet. Our professionals combine traditional inspection methods with innovative AI for more precise and near-instant analysis of industrial, commercial, and residential properties. Early this month the firm announced a new shareholder, with BC Partners taking a majority stake in the business, to support Davies next phase of international expansion and continued digital transformation. Dan Saulter, Group CEO commented: I congratulate Allison and Gary on their welldeserved promotions. What's behind insurer's huge transformation. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Our global top six ranked captive management business provides technical solutions to captives in Europe, the U.S., Latin America, Canada, Asia, Guernsey, Australasia, and the UK. CEO - Claims Solutions, UK & Ireland kath.mainon@davies-group.com Lee Bradshaw Managing Director - Niche Claims lee.bradshaw@davies-group.com Lesley Johnson Chief Operating Officer - Casualty and Motor, including VRG lesley.johnson@davies-group.com Mark Grocott CEO - Consulting & Technology & Group Chief Digital Officer We also have a number of strategic alliances through Brokers that give us access to all the world markets. Davies announces appointment of CEO & CCO for its legal solutions appalling customer service - wouldn't touch them with a barge-pole! Davies, the leading specialist professional services and technology business, today announces the acquisition of Nationwide Property Assistance Ltd ("NPA"), the leading home emergency specialist, based in Birmingham, UK. Frankly, if the existing players arent doing that, someone else will do that. This site requires JavaScript to function properly. Davies will incorporate specific operating units into three major operating businesses - Davies Global Solutions, Davies UK and Ireland and Davies US - to enable the group to focus its investment . Tony DeBiase. We have successfully assisted over 15 carriers in the UK and overseas market to deliver their reinsurance TOM, supporting them through their reinsurance software transition. Managing Director Property Adjusting & DSI, Chief Commercial Officer - Legal Solutions, Chief Operating Officer Casualty and Motor, including VRG, CEO Consulting & Technology & Group Chief Digital Officer, Senior Vice President - Learning and Resourcing, Chief Operating Officer - Claims Solutions US, Chief Operating Officer Property, including NPA and Niche, Davies Group Ltd. | Davies swoops for Florida TPA | Insurance Business America Investing in our people and giving them opportunities for career development is central to our success, alongside our employee ownership culture, delivered through our Davies Incentive Plan programme, our innovation lab, and our CSR focus through the Davies Foundation, Saulter said. From our bases in Bermuda and the US our team delivers captive operations, including rent-a-captive, re-insurance advice, and exit solutions. Reduce risk. Organic growth is, however, the number one focus for the organisation, with most of the staff at Davies either enjoying incentive plans or being shareholders in the business. | See a full list of Davies companies. Davies is a London-based consulting firm that offers services such as claims management and insurance consulting for sectors including energy and finance in the UK. | See a full list of Davies companies. We work with our clients to help manage the entire claims process as an extension of their in-house claims department. Starting March 1, the company will align across three operating units: Davies Global Solutions, Davies UK & Ireland, and Davies US, with the three enabling the business to focus its investments and growth plans, as well as drive additional value for its over 1,500 insurance, financial services, and other clients. Davies | LinkedIn Asta in advanced talks over sale to Davies Group This button displays the currently selected search type. Flexibility to accommodate fronting in territories where Lloyds is unlicensed. Our direct settlement service designed for service companies is delivered through a solution utilising our in-house systems, third party systems and by an experienced team of insurance practitioners to meet client requirements. Jun 20 2018 // Chicago-based Ryan Specialty Group LLC (RSG) has named Katie Davies as president and CEO . Claims: Davies Group Buys DMS USA - insurance-edge.net In the UK we operate through our subsidiary, Davies MGA Services Limited. LONDON, UK 25 March 2021 Davies, the leading specialist professional services and technology business, serving insurance and highly regulated markets, today announces two key appointments to its Legal Solutions business, Keoghs. It has a department called Davies Disruptive Thinking where staff members can pinpoint new ideas many of which make it to the frontline, including one suggestion that proposed the creation of virtual reality headsets to allow claims handlers to get a feel of what its like to be a policyholder something the firm is now selling to its clients. Top Global Insurance & Reinsurance Brokers, Nat cat insured losses in Q1 between $6-8bn thus far, says JP Morgan, ICMR forecasts below 90% combined ratio for Lloyds, Chubb names head of Management Liability for NA Financial Lines. MVP will join Davies' global consulting division under the leadership of consulting and technology CEO Mark Grocott. Share to Twitter Share to Facebook Share to Pinterest. We deliver operations, consulting and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation, customer experience, human capital, transformation & change management.