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.

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