Profiles
30. PWS HOLDINGS
52-56 MINORIES
LONDON EC3N 1JJ
TEL: 020 7480 6622
FAX: 020 7480 0520
EMAIL: PWS@PWSINT.CO.UK
WEBSITE: WWW.PWSINT.CO.UK + WWW.PWSINT.CO.UK
FEE AND COMMISSION INCOME (2004): £22.4m
PRE-TAX PROFIT: £2.73m
NUMBER OF BRANCHES: 20 OFFICES WORLDWIDE
NUMBER OF UK EMPLOYEES (AVERAGE FOR 2003): 235
CHIEF OFFICER: JULIAN MESSENT, CHIEF EXECUTIVE
YEAR ESTABLISHED: 1964
HISTORY
PWS is an independent specialist reinsurance broker. It was founded in 1964 and floated on the London Stock Exchange in 1984.
In 2000, a public to private management buy-out was successfully completed, thus assuring PWS's long-term independence.
The company's specialist areas include treaty (international), treaty (London market), property (international), property (Americas), marine, professional risks and construction and engineering.
Initially operating solely from its office in London, the company has developed an extensive international client base and now operates from 15 offices around the world.
MAJOR SHAREHOLDERS
The company is 100% owned by its existing management.
MAIN LINES OF BUSINESS
International treaty and facultative reinsurance.