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.