Broking success: Alan Smith, Chambers and Newman

2017-03-alan-smith-chambers-newman-image-49

The business may have had humble beginnings but director Alan Smith has refocused the broker and used new technology to aid the firm and staff

▶ How did Chambers and Newman come about?

It came about in 1946 when two gentlemen, one was Mr Newman – there was never a Mr Chambers – arrived in the UK from Austria and set up an insurance broker in Regent Street. 

Mr Chambers is fictitious, the name was used probably to make the business sound better.

▶ How did growth come about in the early days?

The business developed mainly with people who Mr Newman knew back from Austria and those that came in to the UK from Germany before the war. The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: