Broker Run Off

Broker Run Off

Our team combines over 90 years’ experience in the London Insurance Market with extensive mergers and acquisitions experience and so is uniquely placed to bring a perceptive insight into the challenges facing shareholders seeking a run off solution.

We understand the pressures on small and medium sized Lloyd’s broking houses, such as the cost of compliance or an imbalance between costs and revenues, often closely linked to succession planning. For example, does the bulk of the equity rest with shareholders who are no longer active in the business, is the company overly burdened by the need to service legacy accounts, or does the exposure to bank borrowing impose an undue pressure on operational cash flows?

Our ability to provide a bespoke solution to shareholders often working in tandem with our sister company, Lime Street Insurance Brokers Limited, is borne out by our acquisition of three Lloyd’s brokers and a UK regional broker. In each case we have provided solvent run-off solutions protecting the rights of policyholders and ensuring that the respective vendors were able to exit the business having complied with their regulatory responsibilities.

To find out more please contact our Director Mark Lewis on +44 (0) 20 7265 7400 for a confidential conversation on how we might be able to assist, or alternatively e-mail mark.lewis@senatorgroup.co.uk