Managed services: Finance Services for our MGAs and brokers
Supporting growth and operations as part of our incubation solution
Davies offers a full suite of managed services as part of our incubation platform for MGAs and brokers.
Our Finance Services streamline operations and embed financial expertise into your business, enabling you to meet finance obligations with confidence while focusing on your day-to-day business activities and strategic growth.
Finance Services
What we offer
Client money accounts, trust fund management and premium credit control: Fully compliant with FCA CASS 5 standards, our service manages segregated non-statutory trust accounts, unallocated cash clearance, and monthly reconciliations. Our credit control services include broker statementing, follow-ups, and issue resolution, ensuring timely collections, improved cash flow, and enhanced regulatory assurance.
Corporate accounting: A complete suite of corporate accounting solutions designed to support MGAs and brokers. Our services include budgeting, bookkeeping, management accounts, and statutory accounting, with accurate and timely financial reporting that strengthens governance and decision-making, enabling you to focus on growth.
Regulatory compliance and reporting: Our expertise ensures compliance with complex reporting requirements, including statutory filings, Solvency II disclosures, and adherence to FCA, and Lloyd’s Principles for Doing Business.
Tailored solutions for growth: We support MGAs and brokers as they grow and evolve their business models. Whether you aim to transition into a syndicate, captive, or other business type, we adapt our services to ensure seamless operations and scalability, providing continuity and expertise at every stage of your lifecycle.
Why partner with Davies?
Deep financial expertise: A track record of delivering efficient, compliant, and tailored finance solutions to incubated clients at scale.
Regulatory assurance: Operate with confidence, knowing our solutions are rigorously designed to meet FCA, PRA, and Lloyd’s standards, as well as the regulatory requirements of other global insurance hubs.
Scalable lifecycle support: Our flexible finance solutions adapt as your business evolves, supporting transitions from start-up to new markets or business models such as syndicates, captives, or other structures, ensuring continuity and success at every stage.
Operational focus: Delegate financial processes to us and concentrate on strategic growth and revenue generation.
A partner for long-term success
With Davies’ Finance services, your incubated MGA or broker gains access to a team of experts dedicated to your business’s success. Let us handle financial operations so you can focus on growing your business with confidence.
