Davies Adds Specialist Public Sector Claims Capability Through Acquisition of TMS

Davies today announces the acquisition of TopMark Claims Management Limited (trading as TMS).  Based in Glasgow, TMS specialises in property and casualty public sector claims, serving a portfolio of clients including some of the largest local and central government organisations in the UK.

The deal marks Davies’ first of 2019, following the acquisition of Veriphy in October 2018. TMS will set the foundation of Davies Public Sector within the Davies Claims Solutions business. Managing Director Stephanie Staubach will continue to lead the business and will report to Lesley Johnson, Managing Director of Davies Casualty.

Following the deal, Davies boasts a team of more than 1,700 professionals delivering core operations, digital solutions and consulting to more than 400 insurance, highly regulated and global businesses, from its command centres across the UK, Ireland, Bermuda and North America.

Dan Saulter, Group CEO of Davies said: “I am pleased to welcome Stephanie and the team to Davies. The team have a great reputation and bring a wealth of specialist skills, knowledge and technical expertise to our growing business. We look forward to working together to continue to deliver for our clients alongside new investment to help Stephanie and her team to grow TMS”.

Stephanie Staubach, Managing Director or TMS said: “We’re delighted to be joining Davies and to be a part of its exciting growth plans. In addition, it will offer our staff great opportunities for personal development and career progression. I would also like to take the opportunity to thank our clients for putting their trust in us over the last 12 years”.