Fee and commission income (2003): £18m
Pre-tax profit (2003): £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 broker that began writing commercial and marine insurance in the early part of the last century.
The recent renaissance in the company's fortunes dates from the appointment of David Low as chief executive in 1997. A root and branch restructuring of the group followed creating a number of specialist brokers focusing primarily on professional indemnity, commercial and sport. The group also operates in other sectors, including international insurance and reinsurance, which continue to increase their contribution to group profits.
Windsor plc is a fully quoted company on the London Stock Exchange. In recent years the company has invested heavily in IT, enabling the group to cut costs while delivering an improved service to its clients. Shareholders have benefited from seven years of uninterrupted growth.
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 broker, into an operation with a turnover of £25m, which he sold successfully in 1991. After a sabbatical from the industry, he acquired a 12% shareholding in Windsor and joined the main board in 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 B2B insured, a comprehensive system that will allow brokers to place business and produce the required documentation online.
Major shareholders: DH Low, The Fleming Mecantile Investment Trust, State Street Nominees Ltd, The Bank of New York (Nominees) Ltd, Aberdeen Asset Managers Ltd, Jupiter Undervalued Asset Fund, Udaset Holdings Ltd.
Main lines of business: Commercial, professional indemnity, sport, financial services, aviation and international.
Number of employees (2003): 154.
