Besso Limited · London United Kingdom
Company Description
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This link will open in a new window Founded in 1967 by Jewish-Italian immigrants as an Italian non-marine treaty reinsurer, Lloyd's of London insurance broker Besso has expanded its reach and now spans the globe. The company's offerings include aviation, commercial property/casualty, marine, professional indemnity, and reinsurance coverage to businesses worldwide. Chairman Colin Bird, along with others, bought the company in 1985, developed it, and then sold it to Jardine Insurance Brokers. They then ended up buying it back, with some financial backing, in 1995. To read the full description, subscribe now.
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Key Besso Limited Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $24.4 |
| Employees | 82 |
Besso Limited Executives
8 executives listed for Besso Limited's London, location.
| Title | Name & Bio | Contact |
| Chairman | Colin Bird | Network |
| CEO | Colin Marshall | Network |
| COO | Andrew Whiting | Network |
Competition
Competitive Landscape for Besso Limited
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Besso Limited Competitors
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