GWP less treaty: £96m
Address:
Highway House,
171 Kings RoadBrentwood,
Essex CM14 4EJ
Telephone: 01277 263 636
Fax: 01277 263 651
Website:
Year established: 1995
Number of UK offices: 5
Number of UK employees (2002): 591
GWP less treaty: £96m
Address:
Highway House,
171 Kings RoadBrentwood,
Essex CM14 4EJ
Telephone: 01277 263 636
Fax: 01277 263 651
Website:
Year established: 1995
Number of UK offices: 5
Number of UK employees (2002): 591
Major shareholders: J O Hambro Capital Management (17.62%), UBS Global Asset Management (6.41%), Artemis Investment Management (5.79%), Fidelity Investments (5.77%), Aberforth Partners (4.79%).
Main lines of business: Motor insurance
Subsidiaries: The principal subsidiaries are: Highway Insurance Company Limited; Highway Insurance Agency Limited; Highway Premium Finance Limited; Elite Underwriting Limited (75%) and Crusader Uninsured Loss Recovery Limited (60%).
Chief officer: Andrew Gibson
Company history: Market research led management to the decision to build a specialist motor insurance business, based on relationships with insurance brokers and other intermediaries.
Over the last few years the group has been rationalised, the history ring-fenced and the business focused, with any non-core assets sold. Highway Insurance is now the UK's eleventh largest motor insurer. The current management team remains focused on tight financial controls and the creation and realisation of significant shareholder value.
