Lloyd's broker plans to double in size in next five years
London-based Lloyd’s (re)insurance broker NCG Professional Risks has rebranded to Oxford Insurance Brokers, with immediate effect.
The company recently received investment from BP Marsh & Partners to drive its growth plans of doubling the size of the business over the next five years.
It said the name change will not impact on the management of the company and US Risk (UK), a subsidiary of U.S. Risk Insurance Group, will remain the parent company of Oxford Insurance Brokers.
Neill Cotton, managing director of Oxford Insurance Brokers, said: “We have been operating under the NCG brand since 1999 and this name change is the first step on an exciting journey of new growth and expansion.
"For our clients, it will be business as usual as we continue to build on our core business values, which are at the heart of the service we deliver to our clients, whilst we diversify into new lines and new areas of geographic spread.
"This is a new era for Oxford Insurance Brokers and it is supported by significant management experience in the insurance industry.”
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