Delegated Authority Management
Simplifying delegated authority operations with expertise and innovation
For companies looking to manage their Delegated Authority (DA) portfolios more effectively, our fully managed service offers a complete solution. DA management can be highly time-consuming and labour-intensive, requiring significant attention to detail and compliance. With our expertise, systems, and processes, we simplify your operations, allowing you to focus on strategic, high-value activities.
Delegated Authority Management
Who we work with
• Carriers or Managing General Underwriters (MGUs)
• New entrants to the DA space
• Experienced carriers and MGUs managing active DA portfolios
What we offer
We provide an all-encompassing service that covers every aspect of DA management, ensuring efficiency, compliance, and seamless operations. While the responsibility for oversight remains with your team, we deliver the information, process outputs, and reporting necessary to support that oversight function. Additionally, we offer assurance that all DA management obligations are fully met, giving you peace of mind that nothing is overlooked.
Fully managed service: Our solution allows clients to access a range of DA management services through a single point of contact. We coordinate everything on your behalf, from Bordereaux processing and audit issue resolution to IT auditing of delegated partners – ensuring systems, data practices and cyber resilience meet governance and regulatory expectations. This joined-up approach ensures seamless operations and provides assurance across every touchpoint of your DA portfolio.
Cost-Effective: Our service is designed to help you avoid the overhead costs of hiring dedicated personnel and building out complex systems, processes and people with the right expertise to manage your DA portfolio.
Streamlined Operations: We take responsibility for all the obligations associated with managing a DA portfolio, helping you simplify your organisational structure while ensuring regulatory and operational compliance, freeing up your resources for other priorities.
Adaptable and Dynamic: As the DA landscape evolves, whether through regulatory updates or changes to market systems and processes, we continuously update our services to ensure they remain current and compliant. This reduces the burden on your team to stay on top of industry changes.
Global reach, local expertise: With our established frameworks and skilled professionals across our DA practice (finance, actuarial and compliance), we are positioned to offer bespoke solutions tailored to both UK requirements and international needs.
Why partner with Davies?
Strategic partnership: We’re more than a service provider; we act as your strategic partner, leveraging our expertise and tailored solutions to align with your goals.
End-to-end solution: Our DA framework is complete; with everything you need to manage your portfolio efficiently.
Advanced analytics: Access actionable underwriting insights to improve portfolio performance through our data analytics solutions.
Minimise risk, maximise efficiency: By outsourcing to us, you eliminate the need for costly investments and reduce the risk of management stretch.
Tailored to your needs: Whether you need one service or the full suite, we offer flexible solutions that can scale with your business.
Partner with Davies for Delegated Authority Management
Davies is your strategic partner for outsourced delegated authority management. Our tailored solutions streamline operations, ensure compliance, reduce risks, and deliver valuable insights to optimise your DA portfolio. With a proven track record across the insurance sector, we act as a seamless extension to your team, providing operational excellence and peace of mind.
