(Now known as Highway Insurance Holdings)

Gross written premium less treaty (2001): £84m

Highway Insurance

Address: Highway House, 171 Kings Road, Brentwood, Ess ...

(Now known as Highway Insurance Holdings)

Gross written premium less treaty (2001): £84m

Highway Insurance

Address: Highway House, 171 Kings Road, Brentwood, Essex, CM14 4EJ

Tel: 01277 263636
Fax: 01277 263651

WEBSITE

History: Highway is the eighth-largest UK motor insurer with gross annual premiums in the calendar year 2000 of £300m, representing more than 700,000 policies sold almost exclusively through intermediaries. The figures quoted here represent non-Lloyd's written business.

Ockham underwrote more than 75% of Highway's premium income in 2001.

Highway claims to avoid the over-crowded and intensely competitive cut-rate family comprehensive market and the direct selling techniques favoured by most UK motor insurers. Instead, it specialises in selling cover through intermediaries for a wide range of other risks (such as young inexperienced drivers, older or high performance cars).

Non-standard risks are harder to rate automatically and so can be less attractive to the largest insurers, many of whom have recently left the market.

Highway consists of an insurance company (Highway Insurance Company Limited) and two Lloyd's syndicates (37 and 2037).

Chief officer: Andrew Gibson

Biography: Gibson was appointed chief executive officer in July 2002. He spent seven years with Touche Ross as an auditor and management consultant in the financial services division, latterly managing the insurance IT consultancy group.

He joined Sturge Group in 1991 working first in IT and operations before becoming finance director of the group's consistently successful aviation and non-marine subsidiaries.

On the sale of those businesses, he joined Highway's management team in October 1995, was appointed to the board of Highway Insurance Holdings in July 1996 and became finance director in October 1996.

He is managing director of the Highway Insurance Company and the group's Lloyd's managing agencies.

UK branch offices: Eight

UK staff: more than 700

Main lines of business: Motor

Topics