Select your location and related market below and a member of our team will be in touch. London-based claims management company Davies Group Ltd. said Thursday it has acquired Johns Eastern Co. Inc., a third-party administrator and adjusting company based in Sarasota, Florida.. 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. Gary, who has more than 20 years service at Keoghs, in various senior executive roles, has played a key role delivering Keoghs long term growth strategy. The investment will allow the insurtech to expand into new territories and new areas of commercial fleet, says chief executive. A Captive Syndicate at Lloyds offers a UK domiciled and regulated Captive (re)insurance solution to common pain points experienced by both. 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. The business is a fantastic fit for us, bringing a wealth of underwriting management experience across the Lloyd's market, as well as widening our insurance services offering for our insurance and highly regulated clients globally." Company number: 06479822 | 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. 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. Dan Saulter, Group CEO, Davies commented: "I am delighted to welcome Julian, Simon and the wider Asta team to Davies. 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. Gary also leads the relationship with some of Davies largest clients. OUR SOLUTIONS Claims Solutions Legal Solutions Insurance Services Consulting Consulting In addition, Steven Crabb, CEO of Insurance Services, will continue to serve in his existing role, and he will report to Grocott. My congratulations to Allison and Mark on their respective promotions. 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 work with and help develop Lloyds syndicates, MGAs, brokers, insurers, reinsurers and international captive owners. With the UK its number one market in terms of size, he said, continued health here is essential to the group. Michael Plazony, FLMI - Partner - MVP Advisory Group, A Davies Company Organic growth is powered by Daviess investment in digital transformation, Saulter outlined. The leadership is down to earth and there are very few egos found in many companies. This site requires JavaScript to function properly. Davies announces appointment of CEO & CCO for its legal solutions Our Broker Wrap services will enhance the value of the brokers live business, removing the uncertainty and challenges associated with legacy business. Littleton CEO Steve Streetman will join Davies in an advisory and consulting role. This site requires JavaScript to function properly. Other executives include Chris Butcher, CEO - Intermediary Services; Darren Coombes, Group Deputy Chairman and 23 others. Flexibility to accommodate fronting in territories where Lloyds is unlicensed. Globally Davies 4,300 colleagues operate across the UK, Ireland, Bermuda, the US and Canada. The division will be led by Mark Grocott, who has been with Davies for over 20 years, holding leadership positions including chief digital officer and CEO of Consulting & Technology. 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. Davies, a leading specialist professional services and technology business has announced a new organisational structure that will see the company simplify its operations, following a period of organic and M&A growth. Davies acquires MVP Advisory Group | Insurance Business America This new team consists of over 3,000 employees, with its members delivering claims TPA, adjusting, legal services, supply chain, technology, and ancillary services to its clients across the UK and Ireland. Saulter spoke withInsurance Businessto discuss the overarching trends in the insurance sector of the UK and to outline the key plans for Davies for 2020. Mike Plazony is a Partner with MVP Advisory Group, leading the New Business Sales & Underwriting Practice. 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. Whichever route is chosen, well work with you to ensure your proposed business plan provides accretive value to Lloyds and meets with their entry requirements. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Accelerate onboarding. Three-four years ago we were also one of the first businesses to make proper volume use of unmanned drones to help us process flood and commercial claims. Company number: 06479822 | It's important for @Davies_Group' to position its business units and leadership' to best serve its clients, says chief executive https://insurancetimes.co.uk . Marketing Executive - Davies Group Davies Group United Kingdom . Dan Saulter, Group CEO commented: I congratulate Allison and Gary on their welldeserved promotions. In this role, Allison, with support from her wider team, has been responsible for scaling the Legal Solutions business to over 1700 people, supporting a number of acquisitions and building out a leading UK wide presence. 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. 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. Davies delivers operations, consulting and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation, customer. What's behind insurer's huge transformation. Registered address: 5thFloor, 20 Gracechurch Street, London, United Kingdom, EC3V 0BG Davies names Allison Carr UK & Ireland CEO in group reorganistion 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 . In his role as a Client Specialist, he executes a . Allison Carr will lead the UK and Ireland division as the firm brings together its Claims Solutions UK & Ireland and Legal Solutions businesses. Asta is currently jointly owned by a consortium . What Davies wants to do is to replicate what it does in the UK over in the US, inBermudaand in Ireland, he said. 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 . 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. 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. Stay compliant. Flock raises $38m in series B funding - insurancetimes.co.uk We believe we were ahead of the curve in investing in things like smartphone apps for processing and adjusting claims, he said. By clicking Submit you agree to receive email from Davies. Davies Group CEO on key strategy for 2020 | Insurance Business UK 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. Davies swoops for Florida TPA | Insurance Business America Full Implementation/Strengthening/Migration/Upgrade. Mar 2015 - Oct 20172 years 8 months. 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. 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-plus clients across the globe. 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 Group - Latest Insurance News 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. 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. 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. Our auditing team provides specialized services for the insurance and reinsurance communities. Head of Technology & Innovation - Claims Solutions US. Our sole focus is therefore on meeting the needs of our clients who do. Davies Group's Finance Director - Claims Solutions is Arif Patel. 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. Captive Syndicates share the financial strength rating of the Lloyds market: Resulting in lower collateral requirements where fronting arrangements are required, Meeting internal insurance purchasing risk appetites, Business justification and scoping phases, Contract set up on outwards reinsurance systems, Claim recovery results on outwards reinsurance systems, Coding requirements (may need to map to a single source). 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. No matter the project or goal, we work with our clients to provide custom solutions that are intuitive with the goal of optimizing operations. | See a full list of Davies companies. Our Lloyds Managing Agent Asta, has extensive experience of launching and managing a variety of businesses at Lloyds, and we can now provide the same range of expertise and services to new and established Captive Owners and their Managers to help them achieve greater consistency and control over their risk management strategy. Greater Minneapolis-St. Paul Area. What's behind insurer's huge transformation. In the US, he describes their market share as zero but says there is an opportunity to grow and grow quickly. Access the most appropriate markets to ensure the best coverage at the most affordable price. Company number: 06479822 | A review would validate data requirements pre system conversion and could be done months before an implementation start date. CEO on Davies Group's plans for US expansion - Insurance Business Mag Davies to acquire Texas property claims company | Business Insurance Please enable it to continue. In addition, Steven Crabb, CEO of Insurance Services, will continue to serve in his existing . 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 The DAGS offering is structured into the three tiers identified as follows: Provision of services and resource to support the DA lifecycle, e.g. All content copyright Steve Evans Ltd. 2021 All rights reserved. Davies | LinkedIn Please feel free to share your comments below. Our Insurance Services capability is deep, but simply defined,with our teams aligned to our core insurance markets:Intermediaries, Insurer & Market and Captives. We passionately want to sell everything we do to all of our customers because we believe what we offer is fantastic. Claims: Davies Group Buys DMS USA - insurance-edge.net Only email is mandatory, but the more you tell us about yourself the better we can serve you in future. We provide operational and consulting solutions for the domestic and international insurance market. Coordination of Service Providers we coordinate the service providers work to complete the application for submission to the Insurance Regulator. 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. This field is for validation purposes and should be left unchanged. Dismiss. 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).