The financial and insurance industries are cornerstones of the UK economy. The financial services sector alone accounts for around 6.5% of the country's total economic output, having contributed £119 billion during 2017. Predictably, London is the centre for activity in the sector, with around 50% of the industry's output is created there. The financial sector is also an important employer, with around 1.1 million people working in it; that's 3.2% of all UK jobs.
Financial services exports for the UK in 2016 were worth £61 billion, while imports were worth £11 billion, creating a surplus in the trade of financial services that sat at £51 billion. Of all financial services exports, 44% were for the EU. 39% of financial services imports meanwhile, were sent from the EU.
The insurance industry in the UK is equally strong; it contributes over £40 billion to the country's economy annually. The UK also currently ranks as the world leader for insurance exports; the country currently sells around £13 billion more than it imports. The industry provides around 309,000 jobs, with 86% of employees in the sector working full time; much higher than the national average of 67%. Research by Volterra also found that these employees are twice as productive as those in industries like manufacturing or construction, adding up to £150,000 to the UK economy every year.
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H.W. WOOD LIMITED Active
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01565756Age of business
43 yearsNr of Employees
73Revenue
12297748.0Industry
65202 - Non-life reinsuranceCountry
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01262636Age of business
47 yearsNr of Employees
94Revenue
12241062.0Industry
65120 - Non-life insuranceCountry
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01533123Age of business
43 yearsNr of Employees
35Revenue
12229000.0Industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.Country
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LondonWebsite
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07660079Age of business
11 yearsNr of Employees
11Revenue
12212188.0Industry
64209 - Activities of other holding companies n.e.c.Country
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00209606Age of business
97 yearsNr of Employees
5Revenue
12.2 millionIndustry
65120 - Non-life insuranceCountry
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STRATFORD UPON AVONWebsite
www.avon-insurance.co.ukPhone
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10041968Age of business
6 yearsNr of Employees
61Revenue
12187844.0Industry
66300 - Fund management activitiesCountry
GBWebsite
www.guara********Phone
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00758979Age of business
59 yearsNr of Employees
92Revenue
12.1 millionIndustry
66220 - Activities of insurance agents and brokersCountry
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123 HOUNDSDITCHWebsite
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04296744Age of business
22 yearsNr of Employees
45Revenue
12045413.0Industry
64992 - FactoringCountry
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LIVERPOOLWebsite
www.bibbyfinanci**************Phone
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04072877Age of business
23 yearsNr of Employees
42Revenue
11999694.64Industry
66120 - Security and commodity contracts dealing activitiesCountry
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00103274Age of business
114 yearsNr of Employees
21Revenue
11959000.0Industry
65120 - Non-life insuranceCountry
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TEMPLE BACKWebsite
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6 yearsNr of Employees
30Revenue
11950002.0Industry
66300 - Fund management activitiesCountry
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08566386Age of business
9 yearsNr of Employees
130Revenue
11828381.0Industry
64209 - Activities of other holding companies n.e.c.Country
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04548431Age of business
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56Revenue
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70229 - Management consultancy activities other than financial managementCountry
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05504126Age of business
17 yearsNr of Employees
169Revenue
11.7 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
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SHIRE PARKWebsite
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10141275Age of business
6 yearsNr of Employees
5Revenue
11.6 millionIndustry
64205 - Activities of financial services holding companiesCountry
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SLOUGHWebsite
http://reckittbenckiser.comJ & E DAVY (UK) LIMITED Active
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NI028952Age of business
28 yearsNr of Employees
26Revenue
11.5 millionIndustry
66220 - Activities of insurance agents and brokersCountry
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7 DONEGALL SQUARE NORTHWebsite
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05030956Age of business
19 yearsNr of Employees
8Revenue
11443000.0Industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantorsCountry
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03029249Age of business
28 yearsNr of Employees
17Revenue
11374529.0Industry
70221 - Financial managementCountry
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10034084Age of business
6 yearsNr of Employees
154Revenue
11.3 millionIndustry
64209 - Activities of other holding companies n.e.c.Country
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LONDONWebsite
http://paydaddy.co.ukRegistration Nr
06957743Age of business
13 yearsNr of Employees
12Revenue
11325179.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
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00584342Age of business
66 yearsNr of Employees
32Revenue
11318332.0Industry
64992 - FactoringCountry
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01660184Age of business
41 yearsNr of Employees
23Revenue
11175346.0Industry
66300 - Fund management activitiesCountry
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SC145455Age of business
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11123000.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
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03658809Age of business
25 yearsNr of Employees
92Revenue
10976443.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
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02544237Age of business
34 yearsNr of Employees
53Revenue
10899388.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
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Research by Volterra also found that these employees are twice as productive as those in industries like manufacturing or construction, adding up to £150,000 to the UK economy every year.
Clearly, there are huge sums of money involved in the sector - but which companies are turning over the most? We used our B2B directory to put together a list of the industry's top performers... here are the results.
