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Davies Group

Veriphy echoes Council of Europe calls for robust Anti Money Laundering (AML) measures
Veriphy echoes Council of Europe calls for robust Anti Money Laundering (AML) measures 1024 343 Davies Group

Veriphy, the leading compliance solutions supplier, is echoing calls published by MONEYVAL for all European states to implement and maintain appropriate measures to combat “dirty money”. MONEYVAL, the Council of Europe’s anti-money laundering and counter-terrorist financing body, has stressed in its latest annual report the continued need to apply robust measures against money laundering and terrorist…

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Veriphy offers a helping hand to confused first time buyers
Veriphy offers a helping hand to confused first time buyers 1024 343 Davies Group

Veriphy, a Davies Company has responded to recent research by Santander which uncovered striking misconceptions and a general lack of knowledge among first-time buyers about the property buying process and its technical terms. The online AML solutions provider is issuing its estate agent clients with a handy jargon-busting downloadable guide to help clear up confusion…

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Acquisition announcement: Davies makes new strategic acquisition amid rebrand and simplification of its wider consulting operations
Acquisition announcement: Davies makes new strategic acquisition amid rebrand and simplification of its wider consulting operations 1024 343 Davies Group

Davies today announces the acquisition of FWD Training and Consultancy Limited (“FWD”).  FWD is a leading provider of professional and apprenticeship training in the Insurance and Financial Services sectors in the UK. Based in Kent, FWD delivers professional learning and development programmes, for leading national and global businesses, helping them develop and retain their professional…

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Rough times and fines ahead for AML failures
Rough times and fines ahead for AML failures 1024 341 Davies Group

The stark warning for Estate Agents from leading AML provider Veriphy comes on the back of news that HMRC has its sights set on Purplebricks for possible AML failings. George Stark of Veriphy, a Davies company said “With HMRC audits now a regular occurrence, and given the level of potential fines for non-compliance, any agency…

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Acquisition announcement: Davies announces first major US claims deal as it steps-up its North American investment plans
Acquisition announcement: Davies announces first major US claims deal as it steps-up its North American investment plans 1024 342 Davies Group

Davies today announces the acquisition of Frontier Adjusters, Inc, the multi-line independent claims adjusting provider, headquartered in Independence, Ohio. Founded in 1957, Frontier provides its clients with national field claims adjusting services across all 50 US states and parts of Canada through its network of franchised locations. Specializing in all major property, casualty and auto…

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Davies shortlisted for Excellence in Technology at Insurance Times Awards
Davies shortlisted for Excellence in Technology at Insurance Times Awards 768 256 Davies Group

Davies Connect, the iOS wallet card application has been shortlisted for Excellence in Technology – Claims at the prestigious Insurance Times Awards 2019. Davies Connect is an iOS wallet card application that outlines to policyholders exactly where their claim is throughout the claims journey, and is different to any policyholder self-serve application available in the…

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London reinsurers moving data on to new platforms face tough decisions
London reinsurers moving data on to new platforms face tough decisions 768 256 Davies Group

//This article was first published by Insurance Day The pressure to replace technology systems will increase as the importance of outwards reinsurance programmes grow alongside the risk of a risk-based regulatory regime.  These could truly be described as interesting times for companies in the London market. Brexit aside, London is driving change both internally and…

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Rethinking the legacy of run-off
Rethinking the legacy of run-off 768 256 Davies Group

//This article was first published by Insurance Day The run-off and legacy market is growing and the potential for further significant growth from the US in particular is significant. Looking to the London market the Lloyd’s decile 10 project has prompted increased activity in the reinsurance to close (RITC) market and while the Managing Agents…

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Acquisition announcement: Davies adds to its specialist motor claims capability with acquisition of GBB Holdings
Acquisition announcement: Davies adds to its specialist motor claims capability with acquisition of GBB Holdings 1024 341 Davies Group

Davies today announces the acquisition of GBB Holdings incorporating specialist forensic investigations business, GBB, and motor engineering solutions provider, Banwells. Based in Burnley, the business specialises in collision investigation, failure analysis and vehicle assessments, and boasts a 70-strong team of forensic scientists, engineers and collision specialists. Under the deal, both businesses will form part of…

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Capacity crunch fuelling MGA struggles
Capacity crunch fuelling MGA struggles 1024 341 Davies Group

//This article was written by Mark Richardson and first published in Insurance Times Lloyd’s bad business clampdown has had a knock-on effect for some MGAs When the plug was pulled on Aspen’s MGA by its new owners, it sent shockwaves through the broking community. The business was generally well regarded by brokers, but in a period…

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