Fee and commission income (2003): £285m.
Pre-tax profit (2003): £3.8m
Address: Murray House, Murray Road
Orpington
Kent BR5 3QY
Tel: 01689 827044
Fax: 01689 883511
Email: mail@thbgroup.com
Website: www.thbgroup.com
Year established: 1967
History: THB was formed in 1967 by current chairman Vic Thompson and floated on the AIM market of the London Stock Exchange in 2002. THB initially developed as a predominantly UK/US wholesale broker, becoming a Lloyd's broker in 1977 and more recently, substantially expanding its retail activities.
Last year THB acquired British Equestrian Insurance Brokers Ltd (BEIB), followed by Rarrigini & Rosso Group Limited, the provider of fleet insurance and fleet risk management services. In recognition of its growth and innovation, THB won last year's prestigious London Stock Exchange AIM awards, Best Newcomer of the Year and was also recognised as one of the UK's fastest growing companies in the Deloitte Indy Awards.
Major shareholders: 86 employees own 81% of the issued shared capital with the majority of the balance held by institutional investors.
Main lines of business: Niche binding authorities and open market facilities for large, quality wholesale brokers in the UK and US, plus a substantial retail account specialising in a variety of niche areas including motor sport, equine and media.
Number of UK branches: 8
Subsidiary companies: Thompson Heath & Bond Ltd, THB Clowes Ltd, THB Egger Lawson Ltd, THB Financial Services Ltd, THB Northern Ltd, THB Risk Solutions Ltd, THB Risk Management Ltd, THB UK Ltd, Marshall Ewart & Graham Ltd, British Equestrian Insurance Brokers Ltd, T L Clowes & Company Ltd
Number of UK employees (average for 2003): 403
Chief officer: Vic Thompson, chairman and chief executive
Biography: THB founding chairman Vic Thompson left Bromley Grammar School at 16 and went straight into the City, joining Sun Insurance. He moved to Hogg Robinson at the age of 21 and after joined Lloyd's broker Steel Brothers & Higgins and in 1967 established his own business, Thompson Heath & Bond, which became a Lloyd's broker in 1977. Over the past few years he has actively led the company in both the flotation and acquisition programme.
