Loss adjuster creates group to strengthen its position
Loss adjuster Davies has confirmed the completion of a £27m management buy-out (MBO), as reported in Insurance Times last week.
In a statement the company said reorganising and restructuring the business would strengthen its position in the UK insurance market.
Under the terms of the deal, Davies Chartered Loss Adjusters (DCLA) will cease to trade, and will be replaced by Davies Group.
The group’s management team will be led by new managing director Mark Chapman, formerly deputy senior partner at DCLA.
He will be supported by former DCLA partners who include Adrian Palmer, Les Wright, and Darren Coombes.
Mark Molyneux, a former managing partner at Ernst & Young, will become chairman.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
