Davies Group
Editor's comment: Rewriting the Riot Act
I thought April had come early when I saw last week's headlines praising insurers for their handling of the riot claims for 2011.
Davies and Charles Taylor still settling large riot cases
Charles Taylor Adjusting and Davies, appointed by the Metropolitan Police Authority to handle riot-related claims, have defended the time it is taking to settle the cases, stating the larger ones are complicated.
Claims ops director Jim Pittman exits Davies
Claims operations director Jim Pittman has become the first major executive to exit Davies after it brought in new shareholders last year.
CILA launches young adjusters group
The Chartered Institute of Loss Adjusters has launched a special interest group for young adjusting and claims personnel.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
Loss adjuster listings 2011
Now in its sixth year this study, although not an exhaustive review of the industry, shows that loss adjusters experienced a resurgence in turnover in 2010, almost back to the levels of 2008, as the insurance industry spent up to £770.9m (2008: £777.3m)…
Perkins Slade rings the changes
Despite a relatively quiet quarter for broker recruitment, Perkins Slade named three new directors this week. The intermediary was not the only firm making changes, with Jelf and Willis also naming new starters. Among insurers I was a bust seven days for…
Your say: A positive influence
I read with interest the two articles in last week’s Post (3 November 2011) concerning managed building repair networks: ‘Building referral fee costs hitting industry for ‘tens of millions of pounds’ and ‘Rok One Year On’.
Building referral fee costs hitting industry for 'tens of millions of pounds'
Building referral fee costs, which have escalated over the past two years, are “like a cancer” costing the industry “tens of millions of pounds” a year, it has been claimed.
MYI secures appointment to handle Manchester riot contentious claims
Loss adjuster MYI has been exclusively appointed to handle high-value and contentious claims against the police from the Manchester riots in August.
Davies follows up PE buyout with Kearney appointment
Davies has today announced the appointment of former ASL board director Suzanne Kearney as head of the newly combines liability and construction & engineering business at the claims management firm.
Davies and Electra to head out on acquisition trail
The bosses responsible for acquiring claims management firm Davies last week, in a £60m deal, have vowed to pursue further growth with a variety of acquisition targets.
Davies boss reveals change of PE backer
Davies CEO Charles Crawford today confirmed to Post that a buyout agreement has been reached which will see Electra Partners replace Lloyds Development Capital as the firm’s private equity backer.
Fraud: Advanced detection techniques responsible for recent fraud crackdown
Fraud investigators at major UK insurers have attributed the unprecedented number of high-profile fraudsters hauled before the courts over the past month to a more advanced industry-wide detection process.
News analysis: Private equity and the rules of attraction
Private equity firms continue to be enamoured with the claims industry — just why is this?
Sterling unveils new adjusting panel
Sterling Insurance has named Davies, VRS Vericlaim and Questgates to its new-look loss adjusting panel.
Loss adjuster hit with year-long jail term for £18 500 Zurich theft
A loss adjuster has been sentenced to a year in prison for theft and deception, owing insurer Zurich up to £18 500.
Adjusting Academy: Here comes the new guard
Inaugural members of Post’s newly established Adjusting Academy talk to Post about the battle for loss adjusting talent and whether there really is a demographic timebomb that needs defusing.
Davies Group profit more than doubles to £3.37m
Claims management firm Davies has announced a 24% leap in turnover to £36.9m for the 12 months ended 31 March 2011 (2010: £29.6m).
Davies Group set to sell for more than £60m
Davies Group is expected to be sold for a bid of more than £60m, after its majority shareholder embarked on an auction process.
Cunningham duo join Questgates' investigations team
Questgates has boosted its corporate claims management and liability investigation capabilities with three appointments.
Imperial replaces Davies
Imperial Consultants is set to replace rival claims firm Davies on Zurich's panel for low-value property repair validation, Post has learnt.
Sponsorship - Olympics: The hard cycle
It's not just insurers that have caught Olympic fever and begun backing Britain's sporting talent. Daniel Dunkley details how loss adjuster Davies hopes to help cycling sensation Andy Tennant power his way to games glory.
Penny Black's insurance week
Penny was uncertain as to how her colleagues would fare when they turned their hands to cocktail-making at an Ace Europe masterclass in the City.