Chaucer Group Company Profile and Market Trends

Chaucer Group is a leading provider of specialty insurance and reinsurance products. The company was founded in 1999 by Richard Corfield.

Chaucer Group is headquartered in London, with a global presence across 13 countries. Its products cater to a wide range of industries, including energy, marine, and aviation.

Chaucer Group's underwriting expertise and risk management capabilities make it a trusted partner for clients seeking tailored insurance solutions.

Chaucer Group is a well-established company with a strong financial foundation. The company's revenue has consistently grown over the years, with a notable increase in 2020 due to the expansion of its services.

Chaucer Group's operating profit has also seen a steady rise, reaching £27.8 million in 2020. This significant increase is a testament to the company's effective management and strategic decisions.

The company's solvency ratio has remained stable, indicating a strong ability to meet its financial obligations.

The estimated valuation of a company can be a complex and nuanced topic. Chaucer Group Limited's estimated valuation range is between £18.3m to £91.5m.

This range is derived from financial data as of December 2023 and the most recent industry multiples. The estimated valuation is a key metric for businesses, helping investors and stakeholders understand a company's worth.

The estimated valuation range for Chaucer Group Limited is quite broad, spanning £18.3m to £91.5m. This indicates a significant variation in potential valuations.

Chaucer Group Limited has annual sales of £36.4m, making it larger than the average company, which is £851.2k.

The company's operating margin is 6.5%, which is higher than the industry average of 7.3%. This suggests that Chaucer Group Limited is more profitable than the average company.

Chaucer Group Limited has a sales per employee of £169.2k, which is more efficient than the industry average of £132.6k. This indicates that the company is able to generate more revenue with fewer employees.

The company gets paid by customers after 45 days, which is earlier than the industry average of 64 days. This suggests that Chaucer Group Limited has a good relationship with its customers and is able to collect payments in a timely manner.

Chaucer Group Limited has cash to cover current liabilities for 6 weeks, which is less than the industry average of 24 weeks. This indicates that the company may have some short-term liquidity issues.

The company's ratio of liabilities to total assets is 58.1%, which is similar to the industry average of 55.9%. This suggests that Chaucer Group Limited has a similar level of debt as the average company.

Understanding your credit report and business information is crucial for making informed financial decisions.

Chaucer Group Limited's credit report and business information are available, but it's essential to note that Chaucer Management Services Limited and Chaucer Group Limited are likely related entities.

Chaucer Group Limited seems to be a company with a significant presence, as indicated by its credit report and business information.

Chaucer Group has made a total of 1 investment.

Their latest investment was in Armilla AI, which was part of their Seed VC - II on January 09, 2024.

China Reinsurance has bought Chaucer Group from Hanover Insurance for $950m.

The sum is made up of $865m in cash and a pre-signing dividend from Chaucer of $85m received in the second quarter of this year.

The deal is subject to shareholder and regulatory approval.

It is expected to close later this year or in the first quarter of 2019.

Chaucer Group is a privately-owned company, with the ownership structure not publicly disclosed. This means that the company's financial information and decision-making processes are not subject to public scrutiny.

The company's management team is led by John Taylor, who serves as the Chief Executive Officer. Taylor has been instrumental in shaping the company's direction and strategy over the years.

A unique perspective: Insurance Cover on Business - Merchant Services

Chaucer Group has 10 strategic partners and customers, including Tokio Marine Kiln and Casper Specialty. They partnered with these companies on May 5, 2024.

Chaucer Group also has partnerships with Kita, a company based in the United Kingdom, and Crown Jewel Insurance, a US-based company. These partnerships were established in 2023 and 2022, respectively.

One of Chaucer Group's partners is Moody's Analytics, a US-based company that provides data and analytics solutions. Chaucer Group has also partnered with Gabriel, an Israeli company, although the details of this partnership are not specified.

Here is a list of Chaucer Group's partners and customers:

Chaucer Group Limited has 13 subsidiary companies. This is a significant aspect of its business structure.

The ultimate parent company of Chaucer Group Limited is RISKCARE HOLDINGS LIMITED. This means that RISKCARE HOLDINGS LIMITED has a higher level of ownership and control over Chaucer Group Limited.

Chaucer Group Limited's sole shareholder is Chaucer Management Services Ltd, which holds 100% of the company's shares. This indicates that Chaucer Management Services Ltd has complete ownership and control over Chaucer Group Limited.

Here's a summary of Chaucer Group Limited's ownership structure:

The directors of Chaucer Group Limited are a group of experienced individuals who play a crucial role in the company's decision-making process. They are responsible for overseeing the company's operations and ensuring its success.

There are currently 7 directors serving on the board, including Mr. Nino Lo Bianco, Mr. Carlo Cape, and Mr. Andrea Airaghi, who all joined in July 2020. Mr. Alberto Idone, Mr. Federico Niero, Mr. Royi Haberman, and Mr. Alistair Lovegrove joined the board in May 2024.

The longest-serving directors are Mr. Nino Lo Bianco and Mr. Carlo Cape, who have been serving since July 2020. Mr. Andrea Airaghi also joined in July 2020, bringing a wealth of experience to the board.

Here are the directors of Chaucer Group Limited:

Chaucer Group Limited has a group structure that includes Chaucer Consulting Limited and Itemplus Holdings Limited, indicating that the company is organized into distinct entities.

The ultimate parent company of Chaucer Group Limited is not explicitly stated in the provided information, but it is mentioned as a separate entity.

Chaucer Group Limited's closest rivals are likely to be found in the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector or in the EC2R area where the company is located.

The company's competitors may also be large companies operating in the same sector or region, but this is not explicitly stated in the provided information.

Chaucer Group Limited has a credit report and business information listed under Chaucer Management Services Limited and Chaucer Group Limited.

We found that Chaucer Group Limited has a total of 10 charges/mortgages, which is a significant amount of security given to lenders in return for loans.

A charge or mortgage refers to the rights a company gives to a lender in exchange for a loan, often in the form of security over business assets.

Currently, Chaucer Group Limited has 0 open charges, which means they are not currently incurring any debt obligations.

10 of the charges/mortgages have been satisfied in the past, indicating that the company has successfully repaid or settled previous loan obligations.

Chaucer Group has appointed Hayley Spink as its group chief operating officer. This appointment is a significant move for the company.

Chaucer Group has operations in Bermuda, showcasing its international presence.

The Senior Pricing Analyst role at Chaucer Group is a key position that requires expertise in Actuarial pricing.

This role provides Actuarial pricing support primarily for Chaucer's Casualty portfolio.

A focus on account pricing, benchmark rate reviews, and portfolio analyses is essential to the role's success.

The Senior Pricing Analyst will be strongly client-facing, working closely with stakeholders to provide pricing solutions.

Chaucer Group's Casualty portfolio is a critical area of focus for this role, with pricing support being a top priority.