Martin Holmes

Partner

Bristol

Martin is the Head of Market and Strategy for Property. He has over 21 years’ experience advising clients on subrogation, subsidence in the insurance property market.

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About Martin

Bio
  • Biography

    Martin is the Head of Market and Strategy for Property. He has over 21 years’ experience advising clients on subrogation, subsidence in the insurance property market.  Initially specialising in subsidence claim for more many years, he advises clients across a range of sectors including Commercial, Household, High Net Worth, Motor, Travel, Marine and Casualty, with a focus on subrogated claims. His key clients include some of the largest well known composite insurers, mono-line and London Market insurers, Managing General Agents, Third-Party Administrators and corporates.

    Martin advises a wide range of clients on subrogation solutions to maximise the recovery return to reduce their indemnity spend and improve cash flow. Martin is uniquely placed to discuss UK and international recoveries and advise on data capture, trends and benchmarking across a number of sectors. 

    He has strategic oversight for all property/recovery products within DACB, comprising of over 175 lawyers. The team is based in Birmingham, Bristol, Glasgow, London and Belfast.

    Martin works with the Head of Market and Strategy for Motor and Casualty and Head of Market and Strategy for Fraud to deliver thought leadership, market trend analysis and identify and drive campaigns.

    Relevant experience includes advising:

    • an Insurer on their subrogated processes across a number of lines of business (Casualty, Motor, Property). Martin worked through their current processes, including identification from first notification of loss and a data set highlighting amounts recovered and a pipeline report with recovery forecasts. In addition, Martin explores risk and reward funding models to the mutual benefit of the parties. To date the changes has increased the amount recovered by millions and improved their customer journey.
    •  a large composite insurer on a complete outsource of their property recoveries. This has improved the amount recovered in the first 18 months by over £1.5 million in respect of their indemnity spend and reduced their direct costs. The client is now exploring a complete outsource in respect of motor and third party property recoveries.
    •  on a successful subrogated recovery following a fire in a rare motor vehicle that was converted from a race to a road car.  Martin advised the insurer on appointing the market leading expert with the requisite knowledge of the particular make of vehicle enabling him to successfully negotiated a settlement over £2.5 million.

    Martin is recognised by a number of clients, winning Supplier of the Year Award. Martin has received glowing feedback from clients such as “That is why we use you for our subrogated recoveries.”  Technical Claims Manager and “Subro seems to be going from strength to strength. Thanks for your help.” General Council.

    In addition, Martin was part of the editorial team of The Subsidence Handbook (fourth edition).  

Sector
  • Insurance

Service
  • Property

Office Location

Bristol Skyline

Bristol

  • DAC Beachcroft LLP
  • Portwall Place, Portwall Lane
  • Bristol, BS1 6NA

+44 (0) 117 918 2000

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