We deliver operations, consulting . 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 . Globally Davies 4,300 colleagues operate across the UK, Ireland, Bermuda, the US and Canada. With one-third of, This article was written by Paul Lucas and first published in, Leadership: Championing customer service in the boardroom Each year Jeff Bezos, After working in a variety of positions as a chartered accountant,. This site requires JavaScript to function properly. 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. We have 220,000+ monthly reinsurance news readers & 18,000+ daily email subscribers. Insurance Services CEO Steven Crabb will continue in his current role and report to Grocott. Please enable it to continue. Please enable it to continue. By clicking Submit you agree to receive email from Davies. No matter the project or goal, we work with our clients to provide custom solutions that are intuitive with the goal of optimizing operations. This field is for validation purposes and should be left unchanged. 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. A keen Agilist, I have a pragmatic approach and believe in applying a methodology relative to the needs and . Head of Technology & Innovation - Claims Solutions US. Join now Sign in . Value your employees like your business depends upon it because it does, Automate your way to a better, more efficient business, Davies Group Ltd. | This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. Davies Group CEO Dan Saulter said in a statement that IAS has invested heavily in proprietary technology such as its national loss adjusting platform. 1mo. If youre not going forwards, and if youre standing still, then youre going backwards, said Saulter. Website Privacy & Cookies and Disclaimer. By clicking Submit you agree to receive email from Davies. 07337195 Other executives include Chris Butcher, CEO - Intermediary Services; Darren Coombes, Group Deputy Chairman and 23 others. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Join the Davies Group team See Our Latest Jobs 3.0 Current Employee Fairly laid back 8 Feb 2023 - Software Developer in Oxford, England Recommend CEO Approval Business Outlook Pros Relaxed place to work sometimes Cons Don't pay great. Typically the premium collected does not form part of our clients debtors as they may not be aware of the premiums owed to them. Free Consultation I am pleased that once again weve been able to promote internally. He joined Davies as CEO in July, 2013 and led the organisation to impressive growth in 2019. . . The proposed transfer will not change terms and conditions of any policy, except that Lloyds Brussels will become the insurer and Data Controller in respect of the transferred policies. You can select the Newsletters you wish to receive. We want to be in offices, day in and day out talking about what were doing, making sure if they have feedback, we action it. Davies Group is an insurance claims service provider. For further details contact Nick Frost or Keith Nevett. From our bases in Bermuda and the US our team delivers captive operations, including rent-a-captive, re-insurance advice, and exit solutions. This site requires JavaScript to function properly. We are ambitious to continue to grow our legal solutions business in the UK, but also overseas. The service is delivered through a solution utilising our in-house systems, third party systems and an experienced team of insurance practitioners to meet client requirements. We also have a number of strategic alliances through Brokers that give us access to all the world markets. CEO on Davies Group's plans for US expansion | Insurance Business America The American dream is defined as "the ideal by which equality of opportunity is available allowing the highest . | See a full list of Davies companies. One of Northern Ireland's longest established insurance brokers, E A Davies & Co Limited are an Independent Insurance Intermediary. Davies Group's Finance Director - Claims Solutions is Arif Patel. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Our range of solutions includes the Lloyds Syndicate, Syndicate-in-a-Box, Special Purpose Arrangement and Captive Syndicate. 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. Were focused on businesses that will fit within Davies where the management team wants to stay and help us build. 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. 2023 All Rights Reserved | By clicking Submit you agree to receive email from Davies. What's behind insurer's huge transformation. Davies joined Sompo . At a time when some other sectors like retail and the housing market have been faltering, he outlined, the insurance market seems to have held up strongly. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. 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. Company number: 06479822 | 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. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. asked for receipts despite the possibility of the item being several years old. 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.. And the only way we can do that is by telling our story really well in the market and giving great service to our 500 plus insurance clients.. We operate as an independent incubator platform offering a launch and host service to entrepreneurs, private companies and corporates who are looking to establish a Managing General Agent (MGA). Our team delivers full service captive capabilities including feasibility studies, incorporation services, reinsurance and insurance advice, full ongoing management services and exit solutions. Steve Evans Ltd. registered in England No. Davies, the leading specialist professional services and technology business, serving the insurance and wider highly regulated markets, today announces it has entered into a deal to acquire Vehicle Replacement Group ("VRG"), the specialist provider of vehicle solutions to the UK insurance market. Dan Saulter, Group CEO commented: I congratulate Allison and Gary on their welldeserved promotions. Over-funding and mismanagement of Loss Funds is an inherent problem within the London Market. We process more than 3,000 new binding authorities annually, capturing key data obtained from over 100,000 bordereaux. Tyson Ware. 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. A proactive, strategically-minded Delivery Lead with over 10 years of experience leading software engineering teams, developing products and delivering projects. Sale discussions between the owners of Asta Capital and Davies Group have reached advanced stages, Insurance Insider can reveal. 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. From March 1, 2023, the firm will align across three operating units: Davies Global Solutions, Davies UK & Ireland, and Davies U.S. In his new role Gary Fitzpatrick will focus on bringing together the commercial, client service and growth strategy for Keoghs, including working with colleagues across Davies to deliver endtoend solutions. We allow the managing agent to focus on growing their business whilst our experienced staff deliver: MGA credit control and bordereau production. In the UK we operate through our subsidiary, Davies MGA Services Limited. Our Insurance Services capability is deep, but simply defined,with our teams aligned to our core insurance markets:Intermediaries, Insurer & Market and Captives. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Analysts at JP Morgan have estimated that total natural catastrophe , Specialist analytics and consulting firm Insurance Capital Markets Research (ICMR) , P&C insurer Chubb has appointed industry veteran Steven M. Hill . We have been servicing the Insurance needs of Glengormley and beyond since 1954. The company told Post that the incident affected "a small number" of services provided by its UK and Ireland claims solutions and UK insurance services divisions. Davies Group is a specialist professional services and technology firm working in partnership with leading insurance, highly regulated and global businesses. My congratulations to Allison and Mark on their respective promotions. 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. This delegated approach reduces the impact a project will have on the clients own resource, by allowing the continuation of daily BAU roles. 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. 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. 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 A Captive Syndicate can write both first party and related third party risks and sets their own coverage, retentions and wording. The service focuses on improving payment performance through targeted credit control, enhanced data quality through management of EPIs and management reporting. The wider IRSi team will continue in their roles within Davies. "Our insurance clients are seeking ways to manage cost and . We are able to assist our clients in finding fronting and reinsurance partners as well as leading third party service providers in the industry including claims providers, actuaries, letter of credit and trust providers, investment advisors, bankers and legal advisors. We are unashamedly going to be talking to owner-managed or owner-drivenbusinesses in the claims solution area that have succession questions to answer. The firm has also expanded its ownership structure so rather than a very small section of the management team profiting, it instead has more than 1,000 people who are stock owners or who drive the value creation in Davies making it much easier to meet staff and talk about how were going to grow our business and serve our clients because they can see what they are doing has a direct impact on their lives and their careers.. Davies launched in the US in 2018 and has expanded its service offerings through a combination of strong organic and M&A growth in recent years. MVP Advisory Group's managing partners Russ Bostick and Donn Vucovich will. 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. 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. We help our clients to manage risk, operate their core business processes, transform and grow. This talented team of individuals, many of whom are former insurance or reinsurance company underwriters and claims managers, have diverse expertise in personal and commercial lines, professional liability, international risks, risk management, and reinsurance. Reduced reliance on fronting arrangements means a Captive Syndicate has more control over risk appetite, ensuring captives have continuity of cover. Dismiss. Group Chief Financial Officer. We ensure our clients have the required level of resources and structured regulatory oversight controls and processes in place to guarantee that they operate to the highest regulatory standards. Reach the largest reinsurance audience. "I'm delighted to welcome Steve Murphy, David Ives and the Northshore team to Davies," said Dan Saulter, group CEO for Davies. Company number: 06479822 | What's behind insurer's huge transformation. You can download the brochure by clicking the button below. We have significant experience and expertise in the formation of captives. This button displays the currently selected search type. 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 . Asta is currently jointly owned by a consortium . 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. We passionately want to sell everything we do to all of our customers because we believe what we offer is fantastic. 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. According to the announcement, Davies Global Solutions will incorporate the firms high organic growth Consulting & Technology and Insurance Services divisions under a new chief executive officer to create a thousand-plus global team that operates across 10 countries. Amwins' Davies Tapped to Lead New Property Underwriting Facility for Ryan Specialty Group. The larger group IT interferes with how effective we can do our job Be the first to find this review helpful Littleton COO Jeff Bode will continue to lead day-to-day operations, reporting to Peter Wilson, head of. All clients are members of the services Oversight Board which governs the service and is responsible for ensuring key deliverables are achieved and includes our annual service strategy which measures performance against agreed targets in line with our service KPIs. Davies, the leading specialist professional services and technology business, serving the insurance and wider highly regulated markets, today announces the acquisition of Disability Management Services, Inc. ("DMS"), the Massachusetts, US based disability claims and insurance services third party administrator ("TPA"). We have a technology called Davies Connect where we make use of the iPhone Wallet to keep customers updated on their claims progress, for example. An independent launch and host incubation platform for new and established MGAs and intermediaries. Company number: 06479822 | Tony DeBiase. 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. cant speak to anyone - all via email. Organic growth is powered by Daviess investment in digital transformation, Saulter outlined. Our vast experience and network of contacts in the industry enables us to create the right solution for our clients whether it be captive or rent-a captive/segregated account and also determine the risks and layers that should be retained. 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.. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG We have successfully supported the launch and host of more than 60 MGAs, and established ourselves as the go-to partner for entrepreneurs and businesses looking to start new MGA platforms. Give your customers the claims experience they deserve, Time to transform your customer touchpoints. We achieve this by establishing a Captive Syndicate at Lloyds which offers, licensed paper, reduced reliance on fronting partners and competitive fees. Davies Group. UK domiciled and regulated Captive (re)insurance solution at Lloyds, offering stability and security. Our service has been designed to meet the need for a flexible and scalable service offering delivered by a highly expertise and resource in an environment of increasing operational burden and regulatory complexity, ultimately driving market efficiency. This is a very strong, mature market in which the UK leads.. Further, Davies U.S. was formed in 2022 when the firm brought together its U.S. claims TPA and adjusting services with its risk, audit, inspections, and actuarial services, which created a 1,600+ person team operating across more than 30 locations within the U.S. Davies first began operating in the U.S. in 2018 and has since expanded its service offering through a combination of strong organic and M&A growth within recent years. took weeks to sort. Incomplete records (manual spreadsheets for example not being maintained). 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. Our professional claims management team provides customized. Please enable it to continue. There are 221 jobs at DAVIES GROUP Explore them all Browse jobs by category Insurance 57 jobs Customer Service 22 jobs Software Development 20 jobs Accounting 19 jobs Management 19 jobs Show more categories See all available jobs Salaries Salary estimated from 569 employees, users, and past and present job advertisements on Indeed. Through significant industry experience, advanced technical solutions, and highly skilled staff, we deliver exceptional claims reviews. 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. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Davies's Profile, Revenue and Employees. We ensure our clients operate with the required level of resources and structured regulatory oversight controls and processes to guarantee that they operate to the highest regulatory standards. Frankly, if the existing players arent doing that, someone else will do that. Davies names Allison Carr UK & Ireland CEO in group reorganistion Davies Group has unveiled a new group structure as it aims for global growth. We work with our clients to help manage the entire claims process as an extension of their in-house claims department. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Davies UK & Ireland will bring together the firm's Claims Solutions UK & Ireland and Legal Solutions businesses under a new CEO. 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. With the latest market intelligence, we seamlessly facilitate your subrogation management and claims recovery needs. Our services include data validation in readiness for change, support in respect of full implementation, strengthening, migration and upgrading an existing system. 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. We pride ourselves on a collaborative approach with insurers, managing agents, TPAs, and brokers. A huge thank you to our | 12 comments on LinkedIn 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