International legal practice Osborne Clarke has advised Davies, the leading specialist professional services and technology business, on its acquisition of the Building Validation Solutions Group of companies (“BVS”), the leading provider of tech-enabled, end-to-end property claims services for the UK insurance market.

Based in Bolton, UK, BVS provides coverage across the UK and specialises in end-to-end claims management, property and subsidence claims validation. The firm is known for its web-based claims administration system, Metrix™, closing more than one third of its claims volumes through an automated process; which can also be integrated with insurers’ internal platforms to fully automate low-value property claims.

Globally, Davies’ 5,500+ colleagues operate across Bermuda, Canada, India, Ireland, Spain, Switzerland, the UK and US. The business delivers professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation, customer experience, human capital, digital transformation & change management.

Davies was advised by Associate Director William Nicolson, Associates Rebecca Davies and James Robertson and Partner Mark Wesker in Osborne Clarke's Corporate team. Additional advice was also provided by Associate Ben Doeh and Partner Mathew Oliver (tax), Partner Kevin Barrow (contingent workforce) and Senior Associate Tom Milner (pensions).

Osborne Clarke's corporate team advises at every stage of development across all corporate areas, from equity and debt fundraising to M&A, IPOs and JVs.

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