Broker Support
Optimise your broking operations with our expert solutions
Davies offers a comprehensive broker support service designed for start-up, established and run-off 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 management of back-office activities, including system administration, bordereau production, loss fund monitoring, and query resolution. Our fiduciary services encompass cash allocations, reconciliations, credit control, and disbursements, all conducted to CASS5 standards.
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 act as a broker, managing settlement and claims transactions through central market systems, enabling you to trade with confidence.
Broker legacy management: Our Legacy Management team understands the complexities and challenges that brokers face with legacy business. These challenges can divert essential resources away from primary business activities, affecting overall performance and profitability. Our innovative solutions are designed to address these challenges head-on, providing a seamless, cost-effective path to managing and resolving legacy issues.
Why partner with Davies?
Scalable solutions for market access: Expand confidently into new markets, leveraging our infrastructure and expertise to exploit seamless growth opportunities.
Cost-efficient expertise: Reduce the expense of hiring, training, and retaining in-house staff by outsourcing your back-office activities to Davies.
Streamlined processes: Benefit from cutting-edge technology and best-in-class workflows that ensure speed, accuracy, and regulatory compliance.
Focus on growth: Free up leadership time to focus on strategic priorities while we manage the operational details.
Regulatory confidence: Operate with assurance knowing our solutions adhere to the highest industry standards, including CASS5 compliance.
Partner with Davies for broker support
Davies provides a reliable extension of your team, offering the expertise and infrastructure to optimise your operations. Whether you’re addressing immediate challenges or planning for future growth, we are here to help you achieve more, faster, and with greater confidence.
