Profiles

46. THE OUTRIGHT COMPANY UK

PROSPECT HOUSE

GORDON BANKS DRIVE

TRENTHAM LAKES NORTH

STOKE-ON-TRENT ST4 4TW

TEL: 01782 793900

FAX: 01782 793999

EMAIL: ENQUIRIES@OUTRIGHTLTD.COM

WEBSITE: WWW.OUTRIGHTLTD.COM + WWW.OUTRIGHTLTD.COM

FEE AND COMMISSION INCOME (2004): £13.84m

PRE-TAX PROFIT: £1.63m

NUMBER OF UK BRANCHES: 1 UK CALL CENTRE

NUMBER OF UK EMPLOYEES: 280

CHIEF OFFICER: BOB BRIGHT

YEAR ESTABLISHED: 1991


HISTORY

On 31 March 2003 Able Brokers acquired 100% of the share capital of HSBC Select (UK) from HSBC Bank and simultaneously re-named the firm The OutRight Company UK. HSBC Select comprised two insurance broking call centre operations based in Newport, South Wales and Stoke on Trent.

OutRight is based at the Stoke site. It provides branded consumer insurance services for a varied corporate and broker client base alongside its own brand, direct broking operation Auto Direct Insurance Services.

MAJOR SHAREHOLDERS

Able Brokers.

MAIN LINES OF BUSINESS

Personal lines.

CHIEF OFFICER BIOGRAPHY

Prior to the formation of OutRight, Bob Bright was a main board director of HSBC Insurance Brokers.

Bright had been with HSBC for 25 years before leading the buy-out of the company. Married with two sons, Bright and his wife live in Buckinghamshire.

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