Until this year, Hazell Carr’s main business has been using its network of actuaries to help insurance companies carry out pension reviews after the mis-selling scandal of the early 1990s. With the review winding down this year, the company has had to diversify. It now operates an outsourcing and staff placement service for the insurance industry and a pensions consultancy service with Prudential. Set up in 1997 by actuaries John Edwards, Graham Hazell and David Carr, the Oxfordshire company has grown sales 82% a year from £15.5m in 1998 to £93.2m in 2001 when it employed 372 people.
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