INDUSTRY NEWS

LONMAR To Make Move Across To New Tower Hill London Office

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Independent insurance and reinsurance broker LONMAR Global Risks has marked the start of the  new year (2014) by announcing a move to a new London office building.

The company, which was established back in 1977, will move from its existing London headquarters at Matrix House, in Aldgate, to Tower Hill’s Corn Exchange Building. LONMAR has occupied its current space at Matrix House for the past 12 years.

The move itself is scheduled to take place on January 6, and by January 13 the move is expected to have been completed.

LONMAR boasts a client base featuring localised intermediaries and insurers in more than 70 different countries. It also handles over $400 million of annual premiums.

Simon Rice, LONMAR chief executive officer, spoke about the move to the Corn Exchange Building, as well as the ways in which it could benefit the company.

He said: “Matrix House has served us well. However, our newly fitted out, spacious, modern and prestigious premises will help to support our expanding team and capabilities.

“LONMAR works together as one team, sharing knowledge and expertise, so the new office will promote a higher degree of efficiency and, most importantly, help us to provide an even better service for our clients,” Mr Rice concluded.

By: Kirsty MacGregor

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