Profiles

13. SBJ GROUP

ONE HUNDRED WHITECHAPEL

LONDON E1 1JG

TEL: 020 7816 2000

FAX: 020 7816 2247

EMAIL: EMAIL@SBJ.CO.UK

WEBSITE: WWW.SBJGROUP.CO.UK + WWW.SBJGROUP.CO.UK

FEE AND COMMISSION INCOME (2004): £65m

PRE-TAX PROFIT: N/A

NUMBER OF UK BRANCHES: 9

NUMBER OF UK EMPLOYEES: 700

CHIEF OFFICER: GEORGE BODEN, CHIEF EXECUTIVE

YEAR ESTABLISHED: 1977


HISTORY

SBJ was founded in 1977 and became a stock exchange-listed company in 1985. Chief executive George Boden and colleagues launched a management buy-out in December 1998.

During 1999, non-core businesses were disposed of through sale and in 2001 management and staff brought out their venture capital shareholders at that time, Graphite Capital Management.

In 2005 Capital Z Financial Services Partners acquired 51% of SBJ. Further sustained growth will be sought as consolidation takes place in each of the group's markets of insurance broking, administration and employee benefit consulting.

Turnover is split 66% corporate and 34% international market.

MAJOR SHAREHOLDERS

SBJ's principal shareholder is Capital Z Financial Services Partners, which holds 51% through a Bermudian special purpose vehicle. Management, staff and former staff members hold the remaining 49%.

MAIN LINES OF BUSINESS

Automotive; global casualty: international property; marine; MediCare; Nelson Steavenson; North America; North American Specie; professional indemnity; speciality.

SUBSIDIARY COMPANIES

SBJ Benefit Consultants, SBJ Stephenson, SBJ, Helix UK.

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