Daily Insurance Industry News
 
 
Daily Insurance Industry News
Monday 08th of September 2008
June 3, 2008

THB relocates PWS staff to expanded London offices

by Gill Montia

Story link: THB relocates PWS staff to expanded London offices

THB, the insurance and reinsurance brokers that offer specialist and high risk cover, has expanded its London headquarters in Leadenhall Street with the addition of 16,000 square feet of office space.

The group has been growing rapidly, having acquired reinsurance broker PWS and established Unicorn Underwriting (a separate underwriting agency) since the beginning of this year.

The PWS acquisition included the firm’s Lloyd’s broking interests plus certain overseas shareholdings and Unicorn was set up as a stand alone company to emphasise the group’s highly specialist underwriting capability.

The entire London broking staff of PWS has now moved into THB’s Leadenhall Street premises and according to John Preston, operations director at THB, their proximity to Lloyd’s of London will support growth plans.

The integration of PWS will continue and the enlarged group is seeking expansion opportunities in worldwide markets.

 

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