Leading Davies Global Solutions will be Mark Grocott, an experienced industry veteran who has held various senior roles over his 22-year career with the firm including Chief Digital Officer, and latterly as CEO of Consulting & Technology for the group. Wedeliver 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. Our range of solutions includes the Lloyds Syndicate, Syndicate-in-a-Box, Special Purpose Arrangement and Captive Syndicate. Feasibility Analysis we bring together a team of professional consultants, including actuaries and lawyers, to provide an analysis on the feasibility of the proposed underwriting and advise on the structure, financing and regulatory requirements. Through our subsidiary Davies Broking Services, an FCA authorised intermediary with Lloyds accreditation, we operate as an independent, fee for service, incubator platform offering a launch and host service to fledgling Intermediaries in the UK. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Davies, a specialist professional services and technology business serving insurance and highly regulated markets, has announced the acquisition of Johns Eastern Company, a third-party. CEO, Davies U.S. Matthew.Button@us.davies-group.com Paula Kenneson CFO, Claims Solutions Paula.Kenneson@us.davies-group.com Beth Foster Senior VP, Human Resources Beth.Foster@us.davies-group.com Jeff Chang General Counsel Jeffrey.Chang@davies-group.com Noah Rice Chief Compliance Officer Noah.Rice@us.davies-group.com Peter Wilson This new division will be led by Allison Carr, who held various senior executive roles spanning 21 years with Davies & Keoghs. They have extensive coverage and liability knowledge and use a proprietary recovery tracking platform. Leading Davies Global Solutions will be Mark Grocott, an experienced industry veteran who has held various senior roles over his 22-year career with the firm including Chief Digital Officer, and latterly as CEO of Consulting & Technology for the group. Company number: 06479822 | Our sole focus is therefore on meeting the needs of our clients who do. When expanded it provides a list of search options that will switch the search inputs . We provide operational and consulting solutions for the domestic and international insurance market. While Davies is focused on international growth, the UK market remains its core, with approximately three-quarters of its workforce operating from the UK, Saulter detailed. This provides operations information to increase knowledge and awareness to stimulate actions leading to improved payment performance. Our team of more than 5,500 professionals operate across the UK and Ireland, US, Bermuda and Canada. Our team delivers full service captive capabilities including feasibility studies, incorporation services, reinsurance and insurance advice, full ongoing management services and exit solutions. Print this page Davies Group is working to mitigate the impact of backlogs caused by a cyber-attack it suffered at the end of July. Davies Group's Finance Director - Claims Solutions is Arif Patel. At EAD Insurance we specalise in many types of private & commercial insurance and are specialists in vintage car insurance. Davies Insurance Services Insurance Global insurance services provider Follow View all 45 employees About us Our Insurance Services offering extends to all core insurance market players:. Asta is currently jointly owned by a consortium . Our team have been providing services to our Lloyds and Company market clients since 2010 to improve coverholder management and performance including compliance and regulatory reporting as well as credit control reporting on a declaration by declaration basis. He joined Davies as CEO in July, 2013 and led the organisation toimpressive growth in 2019. Davies Group. 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. Our Lloyds Managing Agency business also provides access to the Captive Syndicate solution, offering a highly effective alternative for captive owners to diversify their risk financing, reduce collateral requirements and minimise costs. Managing Director - Davies Intermediary Support Services, Davies Group Ltd. | Matt Button will continue to lead Davies U.S., who over the course of his 8-year tenure at Davies has served in a variety of senior roles, including previously leading the firms global M&A programme. Davies joined Sompo . 10 August 2021. The flexibility of the service offering means it can be adopted as either an end-to-end or modular solution and is customised to meet the specific needs of individual clients whilst benefiting from a bespoke service solution. Davies Group Reviews 3.5 54 % Recommend to a Friend 84 % Approve of CEO Dan Saulter 61 Ratings 5.0 Current Employee, more than 1 year "Fast-paced, great opportunity" Feb 3, 2023 - Human Resources in Nashville, TN Recommends Positive Outlook Approves of CEO Pros This button displays the currently selected search type. In the constantly changing world of reinsurance, we supply experienced technical resource to support the business. NPA will form part of Davies' existing Claims . LONDON, UK - 16 June 2021 - Davies, the leading specialist professional services and technology business, serving insurance and highly regulated markets, today announced that it has signed a purchase agreement to acquire IAS Claim Services ("IAS"), the national property claims firm, that provides a range of tech-enabled claims solutions Typically the premium collected does not form part of our clients debtors as they may not be aware of the premiums owed to them. Under his direction and leadership over 15 years he has built a remarkable business filled with industry experts, providing market leading legal solutions to the insurance market. A Lloyds syndicate is the ideal solution for: A Lloyds Syndicate-in-a-Box is the ideal solution for: A Lloyds Special Purpose Arrangement is the ideal solution for: The Lloyds Captive Syndicate could suit any Captive writing First Party or related Third Party risks from the large blue-chip to the smaller privately owned Captive with multi-national risk exposure and seeking a cost-effective alternative to fronting, more control over its working insurance layers, and reduced tax and regulatory risk. Rent-a-captive is a facility whereby a client (sponsor) rents the capital of a registered insurer to underwrite insurance business. Through significant industry experience, advanced technical solutions, and highly skilled staff, we deliver exceptional claims reviews. 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. Select your location and related market below and a member of our team will be in touch. By clicking Submit you agree to receive email from Davies. We also have a number of strategic alliances through Brokers that give us access to all the world markets. Free Consultation 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. appalling customer service - wouldn't touch them with a barge-pole! Our objective was to achieve maximum functionality from XLPro to facilitate process accuracy and efficiency within our, Our objective was to provide meaningful management information by improving data quality, managing payment performance and engaging, Our objective was to backload all contracts and bordereaux for previous years for a Lloyds Managing Agent., You can select the Newsletters you wish to receive. Now its strategy for continued growth and expansion involves a blend of organic and inorganic growth. Where it is able to do so our Intermediary Services, through its subsidiary Davies Intermediary Support Services Limited, purchases the legacy entity in its entirety, for a nominal purchase prices and an agreed fee to cover the run-off. Give your customers the claims experience they deserve, Time to transform your customer touchpoints. So, the question is how do we keep our focus on the core product? We provide non-bureau and bureau credit control as well as cash reconciliation services to our clients. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. Our services include premium credit control, delegated authority management, reinsurance project support, audit solutions and financial review programmes. 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. We work with our clients to help manage the entire claims process as an extension of their in-house claims department. In a typical reinsurance run-off the legacy period may extend beyond 10 years whereas the wrap will allow a broker to clear the legacy and remove their ongoing responsibilities within 12 months. What's behind insurer's huge transformation. Dismiss. Our Legacy Loss Fund Service is a dedicated, professional resource that provides expertise on improving the clients bottom line. This field is for validation purposes and should be left unchanged. Reduced reliance on fronting arrangements means a Captive Syndicate has more control over risk appetite, ensuring captives have continuity of cover. A key takeaway from the insurance sector with the UK this year, Saulter said, is that the market has been very resilient. You can select the Newsletters you wish to receive. Nov 23 2016 // Sompo Canopius AG announced that Stuart Davies is stepping down from his role as group CEO and all other related responsibilities, effective immediately. Website Privacy & Cookies and Disclaimer. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Allison Carr joined Keoghs as a Solicitor in 2002 and has held various senior operational and leadership roles in the firm, most recently as COO. For further details about how your information will be used, please visit our Privacy Policy and Terms and Conditions. Globally Davies 4,300 colleagues operate across the UK, Ireland, Bermuda, the US and Canada. 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. I look forward to working closely with Allison and Gary in the years ahead as we execute on our plans. Our team of experienced insurance technicians has a proven track record in on-boarding new clients onto their chosen software platforms such as DDM and the improvement in timely receipt of bordereaux from brokers, Coverholders, TPAs and market associations to enhance data quality to further improve the delivery of key information to clients. 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.. This site requires JavaScript to function properly. A keen Agilist, I have a pragmatic approach and believe in applying a methodology relative to the needs and . For further details about how your information will be used, please visit our Privacy Policy and Terms and Conditions. This new team consists of over 3,000 employees, with its members. What's behind insurer's huge transformation. 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. Davies's Profile, Revenue and Employees. In the US, we see a number of dynamics [that make our proposition stand out]. The 1,600-plus team operates from more than 30 locations across the US. This emphasis on people and on creating a cohesive culture where they are invested in the success of the group has been instrumental to the successful development of the organisation, Saulter said, for like all professional services businesses, we are only as good as our people., You can select the Newsletters you wish to receive. 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. Dan Saulter, Group CEO, Davies, commented: Our success in recent years is linked in part to our ability to stay agile, to adapt our structure, and to provide new solutions to our clients across the world. | See a full list of Davies companies. Our success in recent years is linked in part to our ability to stay agile, to adapt our structure, and to provide new solutions to our clients across the world, Davies group CEO Dan Saulter said. 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. 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. Dan Saulter, Group CEO, Davies commented: "I am delighted to welcome Julian, Simon and the wider Asta team to Davies. Sale discussions between the owners of Asta Capital and Davies Group have reached advanced stages, Insurance Insider can reveal. In addition, come 2020, Davies will be in the third season of its disruptive-thinking Innovation Lab an initiative of helping staff put forward their ideas for both clients and internal teams. The service focuses on improving payment performance through targeted credit control, enhanced data quality through management of EPIs and management reporting. With the latest market intelligence, we seamlessly facilitate your subrogation management and claims recovery needs. We help organisations seeking to harness the power of automation and digital transformation helping them gain competitive edge, to streamline their delivery and service, and to manage operating costs. By clicking Submit you agree to receive email from Davies. Its main advantage, according to Saulter, comes from within the firm. 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 for Towergate in 2007. 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,. We process more than 3,000 new binding authorities annually, capturing key data obtained from over 100,000 bordereaux. As part of their long-term strategy, some of our clients choose to move on to independence but continue to receive key services from us. Skilled at managing complex change, developing cross-functional engineering teams and engaging with executive stakeholders. 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. Mar 2015 - Oct 20172 years 8 months. Our experience gives us a unique perspective to provide clear and concise solutions that not only capture key financial measurements but can also be easily interpreted by senior management. 2023 All Rights Reserved | What Davies wants to do is to replicate what it does in the UK over in the US, inBermudaand in Ireland, he said. By submitting my information, I agree . 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. Full Implementation/Strengthening/Migration/Upgrade. Organic growth is powered by Daviess investment in digital transformation, Saulter outlined. They are a growing business with a winning track record of delivering third-party administration and specialist technical services across property, casualty, motor and niche lines to brokers, the Lloyds market, UK and . As a global business, Davies and its more than 6,500 employees will continue to operate across 10 countries, including the UK and US. 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. | IRSi will form part of Davies' global insurance services business led by CEO Steven Crabb. asked for receipts despite the possibility of the item being several years old. One of Northern Ireland's longest established insurance brokers, E A Davies & Co Limited are an Independent Insurance Intermediary. . Our broker wrap services also deliver a drastic reduction in the run off period. From our bases in Bermuda and the US our team delivers captive operations, including rent-a-captive, re-insurance advice, and exit solutions. 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. 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. This helps to reduce ongoing costs associated with resourcing and recruiting for non-core functions that distract from the business of underwriting. By clicking Submit you agree to receive email from Davies. 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. The leadership is down to earth and there are very few egos found in many companies. We deliver operations, consulting . 2023 All Rights Reserved | Reach the largest reinsurance audience. 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. | See a full list of Davies companies. We provide expert support for the Lloyds, London and International Insurance Markets. 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. Davies will continue to invest heavily in developing its in-house claims and underwriting platforms which it uses to deliver services to insurance clients and in making sure these platforms are fresh and modern.

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