49. BELL & CLEMENTS
55 KING WILLIAM STREET
TEL: 020 7283 6222
FAX: 020 7283 8222
FEE AND COMMISSION INCOME (2004): £12.43m
PRE-TAX PROFIT: £1.17m
NUMBER OF UK EMPLOYEES: 140
CHIEF OFFICER: JOHN STRAIN, MANAGING DIRECTOR
YEAR ESTABLISHED: 1983
Bell & Clements was formed by John Clements and Reg Bell. Both were with Jardine Glanville, leaving to set up a Lloyd's business under the Benfield umbrella.
The company has grown organically with no acquisitions. It has a joint venture in Birmingham, Three Lions Underwriting, and two US operations - an office in Reston, Virginia, and a joint venture, Bell & Clements Inc in Cincinnatti.The company is structured into five divisions: US; international; UK; reinsurance; and Bell & Clements Underwriting Managers.
MAIN LINES OF BUSINESS
Property and casualty and reinsurance broking. 80% is US business
CHIEF OFFICER BIOGRAPHY
John Strain joined the company in 1985 from Stuart Wright.