Description of Product or Services you would like to promote in the Association:
Davies Insurance services is recognized as one of the leading specialist providers of services to (Re)insurers, MGA’s, Brokers and Intermediaries, providing insurance operations and consulting solutions for start-up, live and legacy partners, globally. We provide a diverse and comprehensive suite of service solutions including:
• Delegated Authority Management – We support the management of the Delegated Authority (DA) business lifecycle to meet operational, regulatory & compliance needs.
• Premium Credit Control – Market leading premium credit control solution for the legacy and live markets across all placements, focusing on improving payment performance, cash flow and data quality.
• Loss Fund Management – Dedicated service in relation to current and legacy loss funds that returns known and unknown assets. We ensure all funds that are held in trust are true and accurate with all participating parties; by identifying unknown loss funds, reconciling these loss funds against cash reserves with any realization of funds ultimately resulting in a positive impact on our clients balance sheet.
• Reinsurance Support – Our services support business in all aspects of their Reinsurance program including BAU resource and support for reinsurance system implementation, migration and upgrades.
• Subrogation Solutions
• Expert Claims Management
• TPA & Coverholder Audits - we are able to undertake the end to end management of the audit process including the scoping of the audit to the appointment of the auditor through to the audit report being received and any recommendations being followed up.
• Actuarial Solutions - Provides actuarial consulting services to clients in the Senior, Supplemental Health, and Life Insurance markets. We work with insurance companies and other entities to help them make informed decisions and develop strategies that fit their business needs. We perform a full spectrum of actuarial functions to support our clients.
• Claims TPA - We provide a full range of desk-led technical claims handling, adjusting, appraisals, and supply chain solutions for a variety of insurance policies.
How does your product or service specifically target/benefit Program Administrators:
Through the various strategic acquisitions we have made we have built a comprehensive market leading service proposition which is unrivaled. Our service propositions are global reaching and are able to be tailored to meet the specific needs of clients.
What differentiates your product from others in the marketplace?
We are widely recognized as market leaders in our respective areas. Our suite of services is comprehensive, meaning we are able to easily meet the needs of our clients cost effectively. Our services are delivered and governed by a highly experienced team of professionals.