Heath Lambert

Heath Group and Lambert Fenchurch Group, which can both trace their origins back to the 1800s, merged in 1999 to form this insurance group. Heath Lambert brokers insurance and reinsurance in a variety of sectors including construction, fine art, kidnap and ransom, private equity and steel. The company is owned by a group of investors that include Royal Bank of Scotland, Credit Suisse, Morgan Stanley, along with staff and management led by chief executive Adrian Colosso. Sales exceeded £300m in 2003 but since then the company has disposed of some of its overseas operations. It posted sales of £154.7m in 2004.

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Company details
CompanyHeath Lambert
ActivityInsurance broker
LocationCentral London
Sales £m*154.7
Operating profit £m*7.0
Main shareholdersRBS, Credit Suisse, Morgan Stanley, Cargill, staff and management

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda