Profiles
31. ERINACEOUS (HERCULES)
ERINACEOUS GROUP
PHOENIX HOUSE
11 WELLESLEY ROAD
CROYDON CR20 2NW
WEBSITE: WWW.ERINACEOUS.COMS.COM + WWW.ERINACEOUS.COMS.COM
FEE AND COMMISSION INCOME (2004): £22.1m
PRE-TAX PROFIT: £9.2m
NUMBER OF UK BRANCHES: 5
NUMBER OF UK EMPLOYEES: 400
CHIEF OFFICER: LUCY CUMMINGS, COMMERCIAL DIRECTOR (MAIN BOARD MEMBER RESPONSIBLE FOR THE INSURANCE DIVISION)
YEAR ESTABLISHED
Erinaceous Group subsidiary companies such as Hanover Park Commercial date back to 1976, Farr 1983, Cadogan and Deacon 1990.
HISTORY
Farr, based in Chelmsford, was established in 1983 specialising in insurance and risk management in the social housing market.
Hanover Park Commercial, based in Croydon, is a scheme and general insurance brokerage with brands such as HomeLet, LetPlan, Performance, Plastech and Truckinsure.
In addition to scheme business, Hanover Park is the general commercial lines brokers for the group.
Cadogan Insurance Services is based in London’s West End and specialises in commercial and residential property broking.
Deacon Insurance Services is a major insurance provider of blocks of flats and personal lines insurance products and is based in Bournemouth.
MAIN LINES OF BUSINESS
In insurance terms, this relates to commercial and residential property, social housing and risk management, let property insurance, general commercial, haulage and scheme insurance.
SUBSIDIARY COMPANIES
Farr Insurance, Cadogan Insurance Services, Deacon Insurance Services, Hanover Park Commercial, HomeLet/Let Plan.
CHIEF OFFICER BIOGRAPHY
Lucy Cummings has a degree in English from Cambridge University and a Masters in Business Administration from Insead Fontainbleau. On leaving Insead, she worked as a management consultant for Oliver Wyman & Co, specialising in the financial services industry.
In 1991 Cummings started building a property trading and management business with Neil Bellis which led, in 1999, to the establishment of Erinaceous, now a leading property services group quoted on the main market of the London Stock Exchange.
