R K Harrison profits rise
R K Harrison Insurance Brokers posted a 5% increase in operating profit to £7.9m for the year ending 30 June 2008. Its turnover also rose 21% to £39.5m. R K Harrison Holdings reported £45m turnover, up from the £37.5m of 2007. Paul Bridgwater, chief executive officer of R K Harrison Holdings, said the lift was due to growth across most areas of the business. Meanwhile, Graham Bristow, former head of UK corporate trade credit at Aon, has been appointed head of national trade credit and bonds at R K Harrison Insurance Brokers.
GWP increases 7% at Fortis
Non-life GWP at Fortis rose 7% to £197.4m in the first quarter of this year compared with the first quarter of 2008 where it achieved £185m. Barry Smith, the company’s CEO, said the results were supported by its multi-channel distribution strategy, product development and service.
New CIO at Bridge Pointe
Bridge Pointe has appointed Lee Launer as chief investment officer. Launer was formerly CIO of MetLife.