Corporate Profile
Structure
The Group has three operating divisions: Thompson Heath & Bond Limited (a Lloyd's broking operation that also has access to London and international markets), THB UK Limited and THB International Holdings Limited.Thompson Heath & Bond Limited comprises both wholesale and retail insurance divisions which between them arrange cover for risks relating to businesses, professionals and individuals in the UK, US and around the world, together with the recently acquired Lloyd's broking interests of PWS, which are primarily involved in reinsurance.
Within THB UK Limited, THB Risk Solutions is a distributor of insurance schemes, Cardinus Risk Management delivers risk management solutions relating to the working environment including occupational road risk, and Unicorn Underwriting is a Managing General Agent providing underwriting expertise.
THB International Holdings Limited comprises the recently acquired overseas businesses of PWS.
Strategy
To drive growth and minimise volatility we will continue to develop a portfolio of classes and a geographical spread of business.We will improve operating margins by concentrating on high quality specialist business, reducing costs, streamlining and integrating systems and processes, and accelerating the use of technology to support service to clients and markets.
As well as giving emphasis to organic growth, we will also seek to make further acquisitions: bringing in teams to complement existing operations and considering larger acquisitions where a good business and cultural fit can be identified.
