2019

Partnership with the Newcastle Academy
Partnership with the Newcastle Academy 1024 330 Davies Group

I wanted to share some of the highlights whilst we have been working with Newcastle Academy of the last 12 months. During that time we have helped to inspire and collaborate with a variety of students in various ways: –          Mentoring Programme: we are now in our 2nd year of mentoring support with the Yr…

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Davies supports Broker access to the Lloyd’s market and showcases new claims technology at the BIBA Conference in Manchester 
Davies supports Broker access to the Lloyd’s market and showcases new claims technology at the BIBA Conference in Manchester  1024 330 Davies Group

The Financial Conduct Authority (FCA) recently published its review of the use of wholesale brokers to access the London market. Whilst it did raise some concerns, what the study highlighted is the benefits that accessing the London and Lloyd’s market can have for retail brokers who have specific requirements for schemes or clients. Lloyd’s has…

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Man, Woman, Machine. Who will prove to be the better driver?
Man, Woman, Machine. Who will prove to be the better driver? 1024 330 Davies Group

Many of us will recall the days when autonomous vehicles were the sole province of sci-fi films and novels.  How times have changed!  The government has recently announced that London and Edinburgh will become the first UK cities to trial self-driving vehicle services.  The trial projects, which will allow the public to ride autonomous buses…

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Davies Group and SureThing! Collaboration
Davies Group and SureThing! Collaboration 1024 330 Davies Group

With assistance from Davies Group, motor broker SureThing! has launched Stablis MGA Limited, a managing general agent focused on the private car insurance market. The MGA will help drive the brokers growth ambitions and has partnered with Accredited (Europe) to provide capacity, which is an A-rated European subsidiary of Randall and Quilter Investment Holdings (R&Q),…

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Davies announces senior promotions as it accelerates its investment and rollout plans, following minority investment from AIMCo
Davies announces senior promotions as it accelerates its investment and rollout plans, following minority investment from AIMCo 1024 330 Davies Group

Davies announces senior promotions as it accelerates its investment and rollout plans, following minority investment from AIMCo Following its announcement in January 2019 that Alberta Investment Management Corporation (“AIMCo”) has taken a minority stake in Davies, and a period of strong organic and acquisitive growth, Davies today announces that it has made two senior promotions…

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Davies Group & Pen Underwriting Collaboration
Davies Group & Pen Underwriting Collaboration 1024 330 Davies Group

Pen Underwriting, through close association with Davies Group claims business led by Darren Coombes, Executive Chairman and supported by his account management team Gary Hemsley and Matt Turner, revamped Escape of Water claims process is set to tackle the industry’s most costly area of domestic property claims, resulting in 10% saving on indemnity spend and…

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Davies Insurance Services assists the launch of Inshur in the UK
Davies Insurance Services assists the launch of Inshur in the UK 1024 442 Davies Group

Inshur has been active in the New York ride-share market for nearly a year and now, with the assistance of Davies Insurance Services, has launched in the UK having gained regulatory approval. The commercial auto insurance InsurTech start-up allows for taxi drivers to buy and manage insurance on their mobile phones – cutting out brokers.…

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Conduct risk will be the biggest challenge for MGA’s in 2019
Conduct risk will be the biggest challenge for MGA’s in 2019 1024 256 Davies Group

Compliance in relation to the rules covering pricing, distribution and internal governance will be the most significant issues for companies Nayna Vilas, legal counsel – Davies Insurance Services There will be no let-up in terms of regulatory issues affecting managing general agents (MGA’S) in 2019. The list of compliance issues continues to grow and are…

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Davies assists with InsureTech C-Quence launch
Davies assists with InsureTech C-Quence launch 1024 330 Davies Group

C-Quence, a Commercial Lines Insurtech MGA enabled by flexible cloud-based technology and real-time enterprise analytics, created to help entrepreneurs launch tech enables and highly efficient solutions in the market have recently gone live with its first product via its bespoke underwriting platform C-Q Elements. With assistance from us, the start-up was founded in 2017 by…

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Introducing a new customer experience metric – ServiceTick Emotion Score
Introducing a new customer experience metric – ServiceTick Emotion Score 1024 387 Davies Group

We live in the ‘Age of experience’, where over half of all consumers are willing to pay more for a guaranteed good experience and almost 80% want brands to demonstrate they care before considering a purchase. As such, it is vital that all businesses measure and act on how their customers feel about the experience they have…

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