Validus-IVC is a business specialising in claims management and counter fraud software services. Logo

Validus-IVC is a business specialising in claims management and counter fraud software services.

The business works with the majority of the leading names in the UK insurance industry.

In March 2013 LDC invested a significant stake in Validus-IVC (Validus) in a £12million buyout, enabling five senior shareholders to exit the business.

Validus has invested significantly in new product development over several years, operating a proven business model which provides customers with a variety of technological solutions, saving the industry tens of millions of pounds per annum.

The deal will provide the capital required to help support the continuing growth of Validus.

In 2016 Validus was crowned ‘Claims Partner of the Year’ at the Insurance Times Awards 2016. This win came after the business also scooped the ‘Technology Partnership of the Year – Claims’ accolade at the magazine’s Tech and Innovation Awards earlier in the year, where it was recognised for its new verify™ portal that was launched with the backing of major motor insurers Aviva and Ageas.

It was the third national award for the business this year, which walked away with ‘Claims Initiative of the Year’ at the British Insurance Awards for its verify™ tool, all marking a stellar year for CEO Mike Srokowski and his team.