Broker Support
Empowering your growth with seamless operational solutions
Davies offers a comprehensive broker support service designed for established brokers and intermediaries seeking scalable, cost-efficient solutions to operational challenges. By leveraging our expertise, brokers can streamline their processes, reduce costs, and focus on strategic growth while we handle the complexities of compliance and operational management.
Broker Support
What we offer
Post-placement support services: Comprehensive back-office support, including system administration, bordereau production, loss fund monitoring, and query resolution. Fiduciary tasks, such as cash allocations, reconciliations, credit control, and disbursements, are all managed to CASS5 standards to ensure compliance and accuracy.
Market access services: Gain seamless access to the underwriting expertise of the Lloyd’s and London markets through our FCA and FSMA registered UK and European Lloyd’s Brokers. We manage settlement and claims transactions through central market systems, enabling you to trade with confidence.
Lloyd’s Broker application support: When ready to become a broker at Lloyd’s, Davies provides expert guidance to help you navigate the complex application process. Post-application, we offer ongoing back-office support to ensure operational readiness and scalability.
Regulatory compliance support: Our mature operations and processes are governed by a robust control framework, ensuring business meets regulatory requirements and adheres to industry standards.
Why partner with Davies?
De-risk early growth: Leverage our expertise to navigate the complexities of market entry while mitigating operational risks.
Scalable solutions: Our services evolve with your business, supporting expansion into new products and geographies as your needs grow.
Comprehensive expertise: As both a third-party Lloyd’s Managing Agency and Broker, we bring a unique understanding of the challenges faced by early-stage businesses.
Regulatory assurance: Operate with confidence, knowing your business meets FCA and Lloyd’s requirements, enhancing your credibility with clients and investors.
Focus on your goals: By outsourcing operational management to Davies, leadership can dedicate more time to strategic growth and innovation.
A Partner for long-term success
Davies empowers entrepreneurial brokers to succeed with confidence. Let us handle operational complexities and provide scalable solutions, enabling you to focus on what matters most – growing your business.
