Global audit expertise. Local insight

We specialise in Coverholder, Third Party Administrator (TPA), and Delegated Claims Administrator (DCA) audits—delivered wherever your delegated authority exposure exists.

Integrated within our broader Audit Solution divisions servicing the U.S. and Canadian markets, this international capability enables us to support your audit needs across the UK, EU, and emerging global markets with consistency, accuracy, and local market insight.

Whether you’re navigating compliance in Sydney, assessing risk in Dubai, or reviewing operations in Madrid, Davies Audit Solutions, International is ready to deliver trusted expertise-wherever you do business.

Coverholder Audits: We conduct independent reviews of Lloyd’s Coverholders to ensure compliance with binding authority agreements, Lloyd’s Minimum Standards, and local regulatory requirements. Our audits assess underwriting controls, claims handling, governance, systems, and reporting. We provide practical recommendations to strengthen oversight and support managing agents in meeting their delegated authority responsibilities under the Lloyd’s Underwriting and Delegated Authority Byelaws.

DCA & TPA Audits: Delegated Claims Administrators (DCAs) and Third-Party Administrators (TPAs) are a critical link in the claims chain. Our audits provide assurance that claims are being managed in line with Lloyd’s standards, service level agreements, and regulatory expectations. We review authority levels, reserving, bordereaux reporting, complaint handling, and customer outcomes. Our findings give managing agents confidence that claims are handled fairly, transparently, and within agreed parameters.

Quality Assurance Audits: Beyond compliance, we provide quality assurance audits designed to benchmark performance, identify best practices, and drive continuous improvement. These reviews go deeper than process checks — they test the robustness of underwriting and claims decision-making, service delivery, and governance. We help clients demonstrate to Lloyd’s and regulators that they not only meet minimum standards but also embed a strong culture of quality and accountability.

Reinsurance Audits: We conduct specialist reinsurance audits to provide assurance over ceding companies, intermediaries, and reinsurance counterparties. Our reviews assess contract certainty, claims recoveries, collateral, reporting accuracy, and adherence to treaty terms. For Lloyd’s managing agents, these audits support confidence in recoverability, data integrity, and compliance with reinsurance program structures, ensuring that reinsurance continues to serve as an effective risk-mitigation tool.

Access unrivalled expertise: Deep expertise in the Lloyd’s delegated authority framework

Global brand recognition: Global reach with local market knowledge

Speed and delivery: Timely, market-aligned audit delivery

Customised solutions: Customised reporting to support informed decision making

Strategic partnership: A dedicated team of audit professionals with extensive industry experience