Profiles
45. NEWMAN MARTIN & BUCHAN
NMB HOUSE
17 BEVIS MARKS
LONDON EC3A 7LN
TEL: 020 7648 8800
FAX: 020 7648 8890
EMAIL: RECEPTION@NMBINSURANCE.COM
WEBSITE: WWW.NMBINSURANCE.COMBINS + WWW.NMBINSURANCE.COMBINS
FEE AND COMMISSION INCOME (2004): £15.44m
PRE-TAX PROFIT (LOSS): (£247,000)
NUMBER OF UK BRANCHES: 1
NUMBER OF UK EMPLOYEES: 111
CHIEF OFFICER: GORDON NEWMAN, CHAIRMAN AND CHIEF EXECUTIVE
YEAR ESTABLISHED: 1987
HISTORY
Newman Martin and Buchan is an independent Lloyd's broker that is owned by its directors and employees. It specialises in broking energy, marine and non-marine insurance and reinsurance cover in the London and international markets.
In October 2003 the company moved to its new London offices at NMB House and currently employs 106 people.
The company generates more than 70% of its earnings from overseas and in 1992 was presented with the Queen's Award for Export Achievement.
MAJOR SHAREHOLDERS
NMB Holdings which, in turn, is owned by GF Newman, BR Buchan and CRB Martin 71%.
MAIN LINES OF BUSINESS
Marine, energy, reinsurance, property and casualty and non-marine facilities.