Broking platform gets Lloyd’s broker accreditation

Davies’ European broking platform has been granted Lloyd’s broker accreditation.

Called Davies Broking Europe SRL (DBE), the broking arm was given Financial Services and Markets Authority approval back in April 2024.

Becoming a Lloyd’s authorised broker allows Davies to extend its platform for clients aiming to grow and establish infrastructure in Europe through Brussels.

It will also provide an alternative for handling Lloyd’s managing agents’ internal broker and offer non-Lloyd’s bureau processing for London market carriers underwriting European economic area (EEA) business.

‘Location everything’

Matt Lane, director of DBE, said: “For UK based insurance brokers, it has become clear that location is now everything.

“Those who wish to intermediate European business must physically establish themselves within the single market with their own management structures and operational models.

“With its position at the heart of Europe and home to major EEA institutions, Brussels has emerged as a preferred base for companies aiming to navigate the evolving regulatory landscape.

“A presence in the Belgian capital offers easier access to the EEA markets, facilitating smoother operations and regulatory compliance.”