16 January 2019Insurance

Davies acquires claims specialist TMS

Davies Group is acquiring Glasgow-based property and casualty public sector claims specialist TopMark Claims Management (TMS).

TMS is serving a portfolio of clients including some of the largest local and central government organisations in the UK, according to a corporate statement.

Davies Group is an operations management, consulting and digital solutions provider to organisations in highly regulated markets including insurance.

Following the acquisition of Veriphy in October 2018, the latest deal increases Davies’ team to more than 1,700 professionals delivering core operations, digital solutions and consulting to more than 400 insurance, highly regulated and global businesses.

Managing Director Stephanie Staubach will continue to lead the business and will report to Lesley Johnson, Managing Director of Davies Casualty.

“I am pleased to welcome Stephanie and the team to Davies,” said Dan Saulter, Group CEO of 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.”

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