Fee and commission income (2002): £17.4m
Pre-tax profit (2002): £3.4m
Address:
2 America Square
London EC3N 2LN
Tel: 020 7133 1200
Fax: 020 7133 1500
...
Fee and commission income (2002): £17.4m
Pre-tax profit (2002): £3.4m
Address:
2 America Square
London EC3N 2LN
Tel: 020 7133 1200
Fax: 020 7133 1500
Email: info@windsor.co.uk
Website: www.windsor.co.uk
History: Windsor is a long-established Lloyd's insurance broker that began writing commercial and marine insurance at the beginning of the last century. The recent renaissance in the company's fortunes dates from the appointment of David Low as chief executive in 1996. A root-and-branch restructuring of the group followed which has led to the creation of an independent broker, focused on a number of specialist markets and comprising five principal operating divisions. These are professional indemnity, commercial, sport, financial services and aviation.
This diversity has meant that, despite the difficult trading conditions in recent years, Windsor has been successful in both developing business and improving profitability. In recent years, the company has been able to invest heavily in information technology, enabling the group to cut costs while delivering an improved service to its clients. B2Binsured, the group's online service for independent brokers, is currently being marketed.
Subsidiary companies: Windsor Professional Indemnity Ltd, Windsor Insurance Brokers Ltd
Chief officer: David Low, chairman and managing director
Biography: David Low has more than 40 years' experience in the insurance market. He built
Regis Low, a Lloyd's insurance broking company, into an operation with a turnover of £25m, which he sold to Steel Burill Jones. After an absence of three years from the industry, he acquired a 12% holding in Windsor and joined the main board in July 1996 as chairman. He assumed the combined role of chairman and chief executive in January 1997.
Technology: Windsor worked closely with software suppliers to launch B2Binsured, a comprehensive system that will allow brokers to place business and produce the required documentation online.
Major shareholders: DH Low, Abtrust Fund Managers, Jupiter Asset Manangement
Main lines of business: Commercial, professional indemnity, sport, financial services, aviation and international.
Number of UK branches: 3
Number of employees (2001): 159
