Carole Nash
| Wholly owned subsidiary | |
| Industry | Finance and Insurance |
| Founded | 1985 |
| Headquarters | Altrincham, United Kingdom |
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Key people
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Carole Nash, Founder |
| Products | Financial Services |
| Parent | Groupama |
| Website | www.carolenash.com |
Carole Nash is one of the leading motorcycle insurance brokers in the UK and Ireland. The company also provides insurance cover for classic cars and performance vehicles, as well as campervans.
In 1985, after being made redundant for economic reasons by her previous employer, Carole Nash founded Carole Nash Insurance Consultants Ltd, using her redudancy cheque of £2,500. The company's first headquarters were located at Carole's own family home in Timperley, with business operations ran from her kitchen table.
Originally set up to look after the interests of vintage motorcycle owners, the business then expanded to cover all types of motorbikes. By 1995, following a sustained period of growth, Carole Nash had 30,000 policyholders on its books.
Carole Nash opened its first office in Ireland in 1999.
In 2004, the company acquired the motorcycle insurance arm of The Automobile Association, helping it to increase its customer portfolio to 230,000 policyholders.
In December 2006, the business was sold by its founder to French insurance group Groupama for an undisclosed sum. Following the sale, David Newman was appointed as Chief Executive Officer in September 2007.
In May 2012 the company expanded into the classic motor industry with the launch of a specialist branch of the business tailored to meet the needs of classic and performance car owners.
The company celebrated its 30th anniversary in 2015. To commemorate, a life-size replica of the first motorcycle ever insured by Carole Nash – an AJS 1927 – was unveiled, made entirely from cake and chocolate, and measuring two metres (length) by 0.9 metre (height). To this day, the owner is still insured through Carole Nash.
Carole Nash
Founder. Sold the business to Groupama in 2006. She is still actively involved with the company, taking part in events and interviews during the company’s 30th anniversary celebrations. In 2012 Carole Nash was appointed an OBE for charitable services in the North West of England.
David Newman
Current CEO of Carole Nash Insurance Consultants Ltd and Chairman of Carole Nash Legal Services LLP, one of the first approved Alternative Business Structures (ABS) allowed under the Legal Services Act 2007.
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Wikipedia