Latest Share Price

Exchange: LSE
Symbol: TAW
Price: 40.00
Change: 0.00
Change (%):
Current at: 20 May 2012 close

Tawa plc

Tawa is a specialised investor in the insurance industry.

In the last few years, Tawa has moved from being a pure run-off risk owner towards being a multi-segment investor in the insurance market, expanding significantly in the servicing arena of the international insurance industry.

Tawa invests in acquiring run-off portfolios and in servicing businesses. Tawa also operates as an incubator for new projects, supporting professional teams aspiring to create new businesses in the insurance industry.

On the portfolio front, Tawa has acquired, since its formation, six insurance entities in run-off. As an alternative technique to assuming run-off risks, Tawa has also established a dedicated reinsurance vehicle in Bermuda to reinsure portfolios.

Tawa’s main service subsidiary, Pro, a 300 staff company, provides underwriting, claims management, broking and consulting services to a broad array of international clients across the insurance market, whether active underwriters or run-off. Pro has also established an innovative platform to provide turnkey services supporting clients wishing for immediate start of a new broking or MGA venture.

As part of its expansion in the Lloyd’s market, in January 2012 Tawa became the owner of 33% of Whittington, the leading turnkey agency management services company in Lloyd’s.

Tawa plc is listed on the AIM market.