171 Kings Road
Highway Insurance Holdings, formerly Ockham Holdings plc, was created in 1995 from the Sturge Group. In December 1998, Highway merged with New London Capital plc to help strengthen the group's balance sheet, with Highway's motor insurance underwritten through several Lloyd's syndicates.
Market research led management to the decision to build a specialist motor insurance business based on relationships with insurance brokers and other intermediaries. As a result, in January 2000 Highway Insurance Company Limited, an FSA regulated company, was set up as a subsidiary of Highway Insurance Holdings plc. In its first year in operation, Highway Insurance Company Limited reported audited pre-tax profits of £5.8 million.
Over the last few years the group has been rationalised, with any non-core assets sold. In 2003 Highway exited Lloyd's and now underwrites exclusively through Highway Insurance Company Limited. Today, Highway Insurance Company Limited is one of the UK's largest and most profitable motor insurers operating from five locations. Highway specifically avoids the direct selling techniques favoured by most UK insurers and is one of the few insurers to offer their products exclusively through intermediaries. The current management team remains focused on tight financial controls and the creation and realisation of significant shareholder value. This year Highway will have more than 600,000 customers representing total premium of £247 million.
|Annual Report 2007 in PDF *||31/12/2007||28/02/2008|
|Annual Report 2006 in PDF||31/12/2006||8/03/2007|
|Annual Report 2005 in PDF (2.47Mb)||31/12/2005||7/03/2006|
|Annual Report 2004 in PDF (0.6Mb)||31/12/2004||16/03/2005|
|Annual Report 2003 in PDF (0.59Mb)||31/12/2003||15/03/2004|
|Interim Results 2008 in PDF *||30/06/2008||28/08/2008|
|Interim Results 2007 in PDF||30/06/2007||5/09/2007|
|Interim Results 2006 in PDF||30/06/2006||6/09/2006|
|Interim Results 2005 in PDF (0.35Mb)||30/06/2005||8/09/2005|
|Interim Results 2004 in PDF (0.78Mb)||30/06/2004||9/09/2004|
|Interim Results 2003 in PDF (0.85Mb)||30/06/2003||5/09/2003|