To widen the market reach

THB, a specialist broking, underwriting services and risk management group, has completed a restructuring phase by launching a new brand for the UK and US risk management markets.

Cardinus Risk Management has been formed by bringing together THB’s fleet risk operation, THB Risk Management, Property Risk Management and the ergonomic and health and safety consultancy Cardinus, which THB acquired in August 2007.

The new business will be headed by a senior management team including Andy Hawkes, James Truscott, Jon Abbott and Marcus Noble. The restructure was announced by Group chief executive, Frank Murphy.

Frank Murphy, Group chief executive of THB, said: THB has been developing its risk management operations in recent years, boosted significantly by the acquisition of Cardinus. By combining these businesses and their impressive client lists we now have one clear brand through which to take full advantage of the rapidly-growing market for risk management services.”