Specialist broking, underwriting services and risk management group, THB, has completed a restructuring exercise resulting in the launch of a new brand aimed at the UK and US risk management markets.
Cardinus Risk Management has been created by bringing together THB’s fleet risk operation – THB Risk Management – Property Risk Management and the ergonomic and health and safety consultancy Cardinus, which THB acquired in August 2007.
The new business will be led by a senior management team including Andy Hawkes, James Truscott, Jon Abbott and Marcus Noble.
The restructure was announced today by Group Chief Executive, Frank Murphy, six months into his role following the retirement of THB founder Vic Thompson in April.
“THB has been developing its risk management operations in recent years, boosted significantly by the acquisition of Cardinus. By combining these businesses and their impressive client lists we now have one clear brand through which to take full advantage of the rapidly-growing market for risk management services” he explained.
The growth of THB’s risk management operations was highlighted in September by a move to larger, newly refurbished offices in East Grinstead, following the growing success of risk management solutions such as Workstation Safety Plus, an award-winning online training and self-assessment programme.
Commenting on the new business, Andy Hawkes said: “As a fully joined-up organisation Cardinus Risk Management Limited has the capability to deliver end-to-end services in a number of disciplines. I believe we are streets ahead in this market, offering comprehensive solutions to tackle a wide range of health and safety, fleet and property risks.”
