Lloyd’s broker more than doubles in size with support from NatWest

Lloyd’s broker more than doubles in size with support from NatWest

A Lloyd’s broker has bought a new office that more than doubles its size with funding from NatWest.

Supporting corporates

21 January 2014

The City of London

Dashwood Brewer & Phipps has bought a 10,000 sq ft building in Mark Lane, in the heart of London’s insurance district, using a multi-million pound loan backed by the Government’s funding for lending scheme.

The independent international insurance and reinsurance broker had outgrown its existing premises in Cutler Street and was being forced to rent extra space nearby when Dashwood’s Managing Director Maryse Hazell and Finance Director Gopi Nathan approached NatWest for a commercial mortgage.

The company intends to move its 44 employees into the new building in March 2014 and plans to use the increased space to expand its business.

Nathan said the expert knowledge of Paul Monaghan, Senior Relationship Manager, Financial Services at NatWest, was crucial in helping the company secure an appropriate property and obtain the loan.

“Once we move into the new offices we will be looking at expansion and future growth for our workforce,” he said

Monaghan said: “Once a company outgrows its premises it’s important to find a new location as quickly as possible, so I was pleased I could help make the process simple and cost-effective.”



Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox