Profiles

35. FIRSTCITY INSURANCE GROUP

13-15 FOLGATE STREET

LONDON E1 6BX

TEL: 020 7247 6595

FAX: 020 4710 4818

EMAIL: ENQUIRY@FIRSTCITY.COM

WEBSITE: FIRSTCITY.COM

FEE AND COMMISSION INCOME (2004): £21.23m

PRE-TAX PROFIT: £135,000

CHIEF OFFICER: TIM WATKINS, CHIEF EXECUTIVE


HISTORY

FirstCity Partnership is an independent London market broker. It is wholly owned by its management and staff via an employee trust that was established in 1996, enabling employees to share in the success of the business.

In recent years the company has focused on and seen considerable expansion in the services it provides to its clients in the financial services and professional sectors. These include the addition of experienced market practitioners in areas such as crime, liability, political risks and reinsurance.

MAJOR SHAREHOLDERS

Management and employee trust

MAIN LINES OF BUSINESS

Professional indemnity, directors' and officers' liability, fidelity, financial institutions insurance, trade and political risks, international property, casualty, fine art/specie, employment practices liability, construction, warranties and indemnities and reinsurance

SPECIAL SCHEMES

Professional indemnity and directors' and officers' liability.

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