41. Prentis Donegan & Partners

B>Fee and commission income (2002): £14.5m

Pre-tax profit (2002): £3m

Address:
6th Floor, 2 Minster Court
Mincing Lane
London, EC3R 7PD

Tel: 0207 204 8400

Fax: 0207 204 8404

Email: info@prentisdonegan.co.uk

Website: www.prentisdonegan.com

History: Prentis Donegan & Partners Ltd. is an established and independent firm of Lloyd's Insurance brokers operating from the City of London. We serve our clients by helping them to identify the risks they are exposed to and by proposing ways in which to transfer their risks to the commercial insurers based in London, Europe and around the world.

Our knowledge of the international insurance markets permits us to achieve this transfer cost effectively and with financially sound companies offering the highest standards of service. Our knowledge of the insurance markets allows us to guide our clients into cultivating long-term relationships with underwriters.

Prentis Donegan is a member of Biba and is regulated by the GISC to ensure that our clients can be assured of our professional standards.

The executive (owning) directors of the company have experience from their years of service with the 'megabrokers'. At Prentis Donegan they have the freedom and flexibility to focus exclusively on their clients' needs and priorities, unencumbered by the cost burdens that currently beset the insurance broking industry establishment.

Our reputation as a top service provider has been justly earned because we believe that all clients deserve the highest standards. Our lively management and strong staff culture combine to provide all clients with an independent, innovative approach to transferring risk.

Today, business requires new approaches. Our focus is to provide the highest professional advice and innovative ideas with a flexible approach that promotes accurate placement of risks, internationally.

Main lines of business: marine, non-marine and legal

Chief officer: Michael Donegan, chairman and managing director