Hansard Global Explained

Hansard Global plc
Location:Isle of Man
Key People:Dr Leonard Polonsky, Group President
Industry:Financial services
Revenue:£105.6m (2015)[1]
Operating Income:£14.9 million (2015)
Net Income:£14.9 million (2015)
Num Employees:circa 215
Num Employees Year:2021

Hansard Global plc is a British financial services business operating out of the Isle of Man. It is listed on the London Stock Exchange. The Group is involved in the provision of life assurance services primarily in the Far East, Latin America and Middle East as well as investment management services.

History

The company was formed by Dr Leonard Polonsky, an American, as the Liberty Life Assurance Company, in 1970.[2] It was first listed on the London Stock Exchange in 2006 in a £357 million flotation which generated £99 million for its founder.[3] Its fund range includes portfolios from Fidelity International[4] and Alquity.[5]

On 12 March 2021 the company announced that after 8 years as CEO and 30 years with the company, Gordon Marr would be retiring by the end of 2021.[6]

External links

Notes and References

  1. Web site: Annual Report 2015. Hansard Global. 10 February 2016.
  2. Web site: Hansard founder to make £200m profit. FT.com. 16 November 2006. 10 February 2015.
  3. Web site: Hansard Global chief nets £99 million. Reuters. 13 December 2006. 10 February 2015.
  4. Web site: Hansard Int'l adds Fidelity portfolios to fund range. International Adviser. 1 June 2015. 10 February 2015.
  5. Web site: Global Distribution Partners. Alquity. 11 February 2016. https://web.archive.org/web/20160216090135/http://www.alquity.com/wp-content/uploads/2015/01/Distribution-Partners-Global.pdf. 16 February 2016. dead.
  6. News: Executive changes: Long-serving Hansard and Northbridge CEOs retire. 2021-03-12. Alliance News. 2021-03-13.