Managing Director - Davies Intermediary Support Services, Davies Group Ltd. | 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 site requires JavaScript to function properly. Through our regulated entity Quest Intermediaries (Bermuda) Limited, a Bermuda licensed broking company, we can access the Bermuda Reinsurance Market which is among the top three Reinsurance Markets in the world along with London and the USA. Davies UK & Ireland will bring together the firms Claims Solutions UK & Ireland and Legal Solutions businesses under a new CEO. For further details contact Nick Frost or Keith Nevett. Website Privacy & Cookies and Disclaimer. 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 are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses. 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. Davies is trying to be deep in terms of capability but also broad for our insurance customers, Saulter said. If youre not going forwards, and if youre standing still, then youre going backwards, said Saulter. As we embark on our next phase of international growth and investment, it is important that we position our business units and leadership so we can best serve our 1,500+ clients across the globe. With multiple entities and 2.2 billion of gross premium currently under management, we are the first choice for underwriting entrepreneurs, insurtechs and global insurers whose ambition is to establish a business at Lloyds. No risk is retained in the rent-a-captive facility therefore all risks must be fully collateralized by premium, additional capital contributions, reinsurance or letters of credit. 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. Executive Management, Operations 2 emails found 1 phone number found . At EAD Insurance we specalise in many types of private & commercial insurance and are specialists in vintage car insurance. In the US, we see a number of dynamics [that make our proposition stand out]. For entrepreneurial underwriters or established insurers seeking access to the Lloyds market, we work with you to find the route that best meets your needs. 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 operate as an independent incubator platform offering a launch and host service to entrepreneurs, private companies, and corporate entities looking to establish a Managing General Agent (MGA). 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. Over the past decade, the firm has grown its annual revenues by more than 20-fold, investing heavily in research & development (R&D), innovation and automation, colleague development, and client service. The move has been supplemented with senior promotions across the newly aligned operating units, with group changes effective from 1 March 2022. We support the management of the Delegated Authority (DA) business lifecycle to meet operational, regulatory & compliance needs. Summary of S.652 - 118th Congress (2023-2024): A bill to amend the Employee Retirement Income Security Act of 1974 to require a group health plan or health insurance coverage offered in connection with such a plan to provide an exceptions process for any medication step therapy protocol, and for other purposes. Coordination of Service Providers we coordinate the service providers work to complete the application for submission to the Insurance Regulator. Operations management, consulting and digital solutions provider Davies Group has announced the acquisition of Alternative Service Concepts, a workers' compensation and property casualty third party administrator. Join now Sign in . Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG A Captive Syndicate at Lloyds offers a UK domiciled and regulated Captive (re)insurance solution to common pain points experienced by both. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Our team delivers full service captive capabilities including feasibility studies, incorporation services, reinsurance and insurance advice, complete and ongoing management services, and exit solutions. Weve been building a pipeline of acquisition opportunities, Saulter explained, this is not a solely organic play for us. Legacy business frequently takes valuable resource in a broking firm away from their primary role of winning and servicing live business which negatively impacts results and bottom line costs. 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. 2023 All Rights Reserved | Group Chief Financial Officer. 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 . Our operation was initially formed in Bermuda over 40 years ago and we have expanded to cover all U.S. domiciles as well as the Cayman Islands. As a global business, Davies and its more than 6,500 employees will continue to operate across 10 countries, including the UK and US. What's behind insurer's huge transformation. We offer a number of solutions in the claims journey rather than one. It delivers professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation and change management. Skilled at managing complex change, developing cross-functional engineering teams and engaging with executive stakeholders. We are unashamedly going to be talking to owner-managed or owner-drivenbusinesses in the claims solution area that have succession questions to answer. This button displays the currently selected search type. Going forward, Saulter admits that its current business make-up which is around 80% pounds and 20% dollars and euros will change with the dollar share growing. Our professional claims management team provides customized. 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. 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. 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 . Surprisingly in the insurance market that hasnt been done much yet. 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. Our global top six ranked Captive Management business provides technical solutions to captive customers in Europe, the US, Latin America and Asia. 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 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. Head of Technology & Innovation - Claims Solutions US. Dan Saulter, Group CEO, Davies commented: "I'm thrilled that the TriPlus team have decided to join Davies and partner with us as we look to grow our Claims Solutions business in the US and broaden the range of services we can provide to our clients. Asta Managing Agency our Lloyds platform. It is a combined adviser, fund manager and life insurance business. 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. The Davies risk and inspection team provides full-scale, nationwide inspection services and field underwriting support for the property and casualty industry. 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. We work with insurers, brokers, MGAs, corporates and public entities to deliver great customer service and improved underwriting performance, through efficient management of the claims process. We want to keep that entrepreneurial spirit - thats what has got us to where we are today., "The job you have today is probably going to change", Deal doubles its commercial insurance presence in the region, Copyright 2023 KM Business Information US, Inc, Frontier Adjusters scooped up in Davies's North American expansion, Tokio Marine Holdings acquires PURE Group, Insurance - the week in review Feb 27-Mar 3, Artificial intelligence spurs 62% of carriers to cut staff survey. Our strategic sourcing and claims recovery experts tailor the right solutions to meet our clients unique needs. . 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. 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. 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.. "The job you have today is probably going to change", Deal doubles its commercial insurance presence in the region, Copyright 2023 KM Business Information US, Inc, Chubb names new climate business, adds to leadership team, Insurance - the week in review Feb 27-Mar 3, Artificial intelligence spurs 62% of carriers to cut staff survey. St. James's Place plc, formerly St. James's Place Capital plc, is a British investment management company. IRSi President, Dave Valenzano and Chief Operating Officer, Seth Bostock will continue to lead the day-to-day operations, and will report to Davies' U.S. Insurance Services CEO, Rob Dewen. Insurance Times is always worth a read. 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. We design programs that provide for the most cost effective coverage for your insurance needs, taking into account the capital available and your appetite for risk. 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. A review would validate data requirements pre system conversion and could be done months before an implementation start date. At that point it started to talk about pushing the business out into the US in the claims solutions area and believes it now has the financial power to make that happen. 1mo. Select your location and related market below and a member of our team will be in touch. 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. A number of Daviess investment decisions in 2020 and 2021 will come off the back of ideas generated in the Innovation Lab. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG What's behind insurer's huge transformation. By clicking submit, you consent to allow Davies to store and process the personal information submitted to provide you with the information requested. Organic growth is powered by Daviess investment in digital transformation, Saulter outlined. 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. Back in January the firm received a significant investment from a new Canadian shareholder AIMco, an Alberta-based pension fund. Be that ceding data, coding or inaccuracies within the RI results themselves. Carr was recently CEO of Davies' Legal Solutions arm, Keoghs. CEO Approval Business Outlook Pros Davies is growing really quickly and so there are a lot of exciting things happening and so much opportunity for career growth. Davies Global Solutions will incorporate the firms high organic growth Consulting & Technology and Insurance Services divisions. Or find and follow Reinsurance News on social media. Typically the premium collected does not form part of our clients debtors as they may not be aware of the premiums owed to them. 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. Insurance Services CEO Steven Crabb will continue in his current role and report to Grocott. Asta Managing Agency Ltd (AMA) is a third party managing agent which means we dont have our own syndicate or any capital at risk. 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. NPA will form part of Davies' existing Claims . We help reduce your operating costs through economies of scale. By clicking Submit you agree to receive email from Davies. 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. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG This solution is underpinned by an expertise-led team that are fully trained in all aspects of the DA landscape including Underwriting Management (at Senior Levels), Business Planning, Compliance, Operations, Legal, Audit, Service etc. Littleton COO Jeff Bode will continue to lead day-to-day operations, reporting to Peter Wilson, head of. We provide operational and consulting solutions for the domestic and international insurance market. What Davies wants to do is to replicate what it does in the UK over in the US, inBermudaand in Ireland, he said. For further details about how your information will be used, please visit our Privacy Policy and Terms and Conditions. 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. OUR SOLUTIONS Claims Solutions Legal Solutions Insurance Services Consulting Consulting The service offering is bespoke to our clients requirements and includes, cash management through bank account reconciliation, cash allocation, credit control and bordereau production. Were already in the US and Canada but havent been doing claims solutions, group CEO Dan Saulter (pictured) told Insurance Business. This provides operations information to increase knowledge and awareness to stimulate actions leading to improved payment performance. Ron Davies Former President, CEO, Board Member at Safe Auto Insurance Group & American Property Casualty Insurance Association New Albany, Ohio, United States 1K followers 500+. Mar 2015 - Oct 20172 years 8 months. We help our clients to manage risk, operate their core business processes, transform and grow. The head office is in Cirencester, in Gloucestershire, and there are over twenty other offices in the United Kingdom. You can download the brochure by clicking the button below. Our auditing team provides specialized services for the insurance and reinsurance communities. Select your location and related market below and a member of our team will be in touch. Davies's primary competitors include Longdown EIC, Alesco, Simply Business and 9 more. We are the LMAs preferred credit control service provider to the Lloyds Market. I wish him all the very best with his retirement and for his future plans., You can select the Newsletters you wish to receive. The American dream is defined as the ideal by which equality of opportunity is available allowing the highest aspirations and goals to be achieved. Now one UK-based firm is looking to earn its stripes and reach for those US stars but not by launching with equality of opportunity but instead by offering what it believes is a series of distinct market advantages to potential insurer partners. Everyone tries their best and is looking for ways to improve. Please enable it to continue. 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. "I'm delighted to welcome Steve Murphy, David Ives and the Northshore team to Davies," said Dan Saulter, group CEO for Davies. Our team of dedicated and specialised individuals have devised a strategic and effective forensic process to attain the best results for our clients. 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. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Steve Evans Ltd. registered in England No. We also deliver professional support services to existing fully authorized MGAs and general service support to companies active in the delegated underwriting arena. excess of 75 charged on claim for 132! Reach the largest reinsurance audience. Place reinsurance coverage on an excess of loss or quota share basis. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. In the UK we operate through our subsidiary, Davies MGA Services Limited. Expert insurance services tailored to fit your needs. Davies's Profile, Revenue and Employees. Kyle Davies Expand search.
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