Fee and commission income (2003): £17m
Pre-tax profit (2003): £1.6m
Address: 12-20 Camomile Street
London EC3A 7PJ
Tel: 020 7623 6262
Fax: 020 7621 9042
Year established: 1820
History: Tysers is the oldest name in the London insurance market, where it has traded continuously and independently since 1820.
Firmly rooted in the marine industry in which it has its origins, today the company provides the full range of general wholesale and retail insurance services as well as a number of specialist disciplines, many of which are leaders in their fields.
Having traded as a partnership for much of its history, Tysers became incorporated in August 2001 as part of its strategy to grow the business in a controlled, sustainable manner and to retain and attract the best people.
The company strives to provide the highest quality of service across all disciplines; broking, claims handling and administration; and believes that its excellent reputation and outstanding record for client retention is testimony to its success in achieving this aim.
With over 160 staff based at its head office in the City of London and 38 at Basildon, Essex, Tysers has a wide and varied client base and is particularly well known for its work in the developing world in which it has had a strong presence for many decades.
Major shareholders: Roger Marsh, Christopher Spratt, Michael Cairns, Keith Cooper, Chris Elliott, Gordon Graham, John Ramsay and David Randle.
Main lines of business: All classes
Tyser (UK), Tyser Special Risks, Tyser Risk Management (Bangladesh), Tyser Financial Planning
Number of UK employees (average for 2003): 156
Chief officer: Roger Marsh
Biography: Born 1945 and with a strong insurance pedigree (son of Bertie Marsh of Barder and Marsh and brother of Brian Marsh of Nelson Hurst & Marsh), Roger Marsh was educated at Sutton Valence School and at Cranbrook, Michigan, US.
He entered the market in 1963 as a broker at Sir William Garthwaite & Co. He joined Tysers in 1967 and was elected a partner in 1975, at which stage Tyser & Co had a payroll of 25 people and a brokerage revenue of around £250,000. In 1994, he succeeded Donald Carpmael as senior partner.
In July 2001, he played a prominent role in steering the partnership through the incorporation process and has played a major part in the continuing development of Tysers while ensuring that the company's values and culture remain unimpaired.