Thomas, Carroll Group plc launches new High Net Worth broking company.

2nd March 2011

John Moore, Chairman of Thomas, Carroll Group plc, has announced the establishment of a new company, with the founding of Thomas, Carroll Private Clients Limited - the Group's new broking arm offering bespoke services to high net worth individuals.

According Mr Moore, the Group's first new company formation in five years, has resulted from growth in high-end business sectors.

"Our Group approach to corporate risk and financial management services has seen many of Wales' high net worth individuals moving their personal portfolios over to our private insurance and independent financial services.

The bespoke side of our business has undoubtedly been boosted by our achieving Chartered status in recent years; it has grown to such an extent which justifies our investment in a stand-alone arm exclusively catering for the needs of wealthy individuals."

Heading up the new company is Managing Director, Alison Davies, who moves over from her previous position of Director, Thomas, Carroll (Brokers) Limited and also now joins the Main plc Board. Mrs Davies is joined in management level by Barrie McCarthy who has worked for Thomas, Carroll for 22 years and becomes Director.

Alison Davies said: "Industry figures show that 70% of high net worth individuals are under insured. This is often because they have purchased 'off the shelf insurance' products which literally do not cover their high value and asset status.

The bespoke approach of Thomas, Carroll Private Clients, enables us to drill down to the finest detail of client's risk management needs, and can extend into expert valuation and security advice as well as a fast-track approach to personal claims handling."

Please click here to see a full range of our Private Clients services.