April 18, 2014 9:24 PM ET

Insurance

Company Overview of Equity Insurance Group Limited

Company Overview

Equity Insurance Group Limited, through its subsidiaries, underwrites a range of private car, classic car, van, motorcycle, taxi, minibus, fleet, haulage, agricultural vehicle, motor breakdown, household, and personal accident insurance. It also offers car, home, motorbike, and van insurance brokerage services. Equity Insurance Group Limited was formerly known as Cox Insurance Holdings Limited and changed its name to Equity Insurance Group Limited in January 2006. The company was incorporated in 1994 and is based in Brentwood, United Kingdom.

Library House

New Road

Brentwood,  CM14 4GD

United Kingdom

Founded in 1994

Phone:

44 12 7720 0100

Fax:

44 12 7720 6283

Key Executives for Equity Insurance Group Limited

Chief Executive Officer
Age: 47
Chief Operating Officer of Global Reinsurance
Company Secretary
Human Resource Director
Managing Director of Direct Division
Compensation as of Fiscal Year 2013.

Equity Insurance Group Limited Key Developments

Equity Insurance Group to Focus on Motor and Brokers in Restructure

Equity Insurance Group is to undergo a restructure under new owners Aquiline Capital Partners. It will move out of household and personal accident business and focus on motor, only through brokers. Six UK regional offices will close leaving three locations-up to 200 jobs could go.

Equity Insurance Group Limited Announces Changes in Management Team

Equity Insurance Group Limited appointed Tim Yorke to the newly created role of COO. Yorke joins from technology outsourcing company Xchanging. Peter Smith, the company's business transformation program leader, was promoted to claims director.

Equity Insurance Group Appoints Ian Parker as Chief Executive Officer

Aquiline Capital Partners announced that it has completed the acquisition of Equity Insurance Group. Aquiline announced that Ian Parker has become Chief Executive Officer of Equity Insurance Group. Veteran in the insurance industry, Messrs. Parker will lead the company's senior leadership team in redirecting the emphasis of the business to its core specialty motor insurance lines. Mr. Parker joins Equity Insurance Group from Hardy Underwriting, where he was Chief Operating Officer.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 18, 2013
--
Merger/Acquisition
October 8, 2013
Equity Direct Broking Ltd.
 

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