Management: In June Oxygen’s founder Ian Lloyd reported an 86.5% profit drop in 2010 to £95,229 from £707,398 in 2009.

Big story: Amid takeover rumours, Oxygen’s 21-strong London market team joined Arthur J Gallagher International in August, in a deal whose terms were not disclosed. This follows Oxygen’s sale of its underwriting arm to Gallagher in 2008.

Oxygen Insurance Branches

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