RFIB aims for growth

Lloyd's insurance and reinsurance broker RFIB Holdings has announced plans to move in to new offices in Gracechurch Street, London.

The company said the move positions the business for future expansion with 40,000 square feet of space.

Patrick Holcroft, chief executive of RFIB, said: “It has been an exciting year for RFIB. Our move, which is scheduled for the autumn, will both accommodate our recent growth and allow for our future growth plans.

"The space is ideally located, providing us with an excellent working environment at the heart of London’s insurance market.”

Earlier this year RFIB reported a 44% increase in pre-tax profit to £4.4m for the 12 months to 30 June 2008.