Background

Tysers began its business in 1820, so we know a bit about change.

The business was founded in the marine trade and the developing world, as well as assisting governments with development of state-owned insurance programmes. From the outset, Tysers was concerned principally with insurance and it is this business of which today’s directors and staff are the proud inheritors.

Originally a family firm, after 180 years as a private partnership Tysers incorporated in 2001 as part of its strategic development plan. The essential characteristics and family ethos of the firm remain, but it is the combination of entrepreneurialism and principled business practice that sets Tysers apart.

Management Buyout

In October 2007 a new generation spearheaded a buyout of Tyser & Co, which is now 100 per cent employee-owned. The purpose of this transaction was to position the company to maximise the opportunities that lie ahead under a strong, committed and highly motivated management team.

New Structure

To ensure a smooth transition to the next generation, Chris Elliott, formerly managing director of our Marine Division, became our first Group Chief Executive in 2007. Chris has had extensive experience of all aspects of our business and has overall responsibility for the development and performance of the group.

In March 2006 Quintin Heaney, FCA, an accountant with wide and impressive international insurance industry experience, joined us as Finance Director and subsequently became our Chief Operating Officer.

Gary Andrews, appointed to the Board in 2004 and leads our North America & International Specialty division.

With a purposeful new management team supported by many of the London market’s leading practitioners and support staff we are perfectly placed for the future.