Member Article

Hessle insurance brokers hit the £10 millon mark

The Hessle branch of Henderson Insurance Brokers is celebrating placing annual client premiums of more than £10m.

The independent broker which specialises in looking after businesses, says it has reached its target largely through a strong record of client retention, offering bespoke services and winning business in all sectors with the most significant growth being in logistics, construction and professional services.

The figure of £10m is a first for the Hessle office and was achieved during the current financial year, which ends this April.

The announcement follows news of strong performance across the group as a whole, with group turnover rising five per cent to £22.55m for the year ended 30 April 2013.

Director of the Hessle office Andrew Wakefield said that the business had seen steady growth over the last few years despite the economic downturn.

“When the current management team took control of the Hessle office seven years ago, we were placing around £2.2m in premiums. Since then our staff numbers have increased from six to 16, leading to a recent expansion which doubled the size of our office space.”

Mr Wakefield said that clients were seeing the benefits of working with an independent local broker with national clout.

“We are able to offer a service for businesses that is distinct from other brokers due to the wide-ranging expertise that we can access throughout the nationwide Henderson group.

“With our unrivalled knowledge of key sectors, we add real value to our clients’ businesses through a deeper understanding of risks and ability to create bespoke solutions that have the highest limits and broadest coverage.

“As an independent broker, our primary incentive it getting the best deal for clients,” he added.

Joe Henderson, founder and chief executive of Henderson Insurance Brokers, said: “I’m naturally pleased that the Hessle branch has reached this milestone and would like to thank all the staff for their hard work and dedication to customers.”

“Their progress mirrors that of the group and we are very optimistic about the year ahead in which we expect to see substantial continued growth.”

Henderson is an official partner of World Trade Centre Hull & Humber. It is the only insurance broker in the region that has direct access to the Lloyds of London specialist insurance market, resulting in the best deals for customers. The company, which started in Lincolnshire in 1986, has head offices atKirmington, next to Humberside Airport.

This was posted in Bdaily's Members' News section by Clare Burnett .