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NW Risk Solutions ("NWRS”)
announces the launch of its new insurance broking business to providing bespoke solutions to a variety of clients, including : large AIM Listed firms, boutique businesses and private clients. NWRS will be able to access specialist insurance products via Lloyds of London, a plethora of insurance companies and Managing General Agencies.
Commenting on NWRS's emergence, Managing Director, Peter Stevenson, said:
“ For many years I have felt that there has been a void in tailor made insurance policies for businesses with particular requirements and we want to move away from the 'one size fits all' approach. We are delighted to be in Partnership with James Hallam one of the UK’s leading independent Lloyds brokers that act internationally with global specialists. ”
Peter will be joined by Colin Davison who was formerly the Chief Executive Officer of Abbey Protection plc, an AIM listed company which was sold to Markel, a Fortune 500 insurance company in 2014.
Peter commented on Colin's appointment:
“ It will be great working alongside Colin again and I look forward to us building NWRS into a substantial company with an unerring approach to providing our customers with an absolutely first class service. ”
Paul Anscombe, Seventeen Group CEO, said:
“ We are really excited to welcome Peter, Colin and the NW Risk Solutions team on board as part of our expanding Partnership Programme. We see huge opportunity in the North West, particularly for the unique offering the NWRS team are developing and very much look forward to working together. Like all our Partners, they will undoubtedly add tremendous value to the Seventeen Group and I know that in return we can support them in achieving their growth plans.”
Paul Anscombe also thanked Roy Standish Director of Partnerships for overseeing the on-boarding of NW Risk Solutions:
“ Roy has a huge amount of market experience and this was crucial to help finalise this deal. All of our Partners value the support of Roy and his team throughout their relationship with James Hallam and very much see him as part of their respective team.”
Tim Newns, Chief Executive of MIDAS Greater Manchester’s inward investment agency, which supports significant expansion and relocations into Greater Manchester, said:
“ NWRS’ decision to establish it’s HQ in Manchester is a great boost to the financial services ecosystem in the city region and beyond, as it will give businesses across the North West direct access to the specialist Lloyds market for more complex risks, which ultimately will provide more specialised cover across new and emerging areas of risk, from digital security right through to cladding. We look forward to them adding even greater depth to what is already the UK’s leading regional full-service financial and professional services marketplace. ”
Peter and Colin will be joined by a team of eminent businessmen from the world of property, finance and commerce who have already introduced highly significant customers and opportunities to NWRS. They include Sir James Vernon and Charles Shepherd, Managing Director Atmore Group.
See the article on Invest In Manchester here