Devitt Insurance
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| Privately owned | |
| Industry | Financial services |
| Founded | 1936 |
| Founder | Howson Foulger Devitt |
| Headquarters | Romford, United Kingdom |
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Key people
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William Hughes (Managing Director) Tony Chapman (Financial Director) |
| Products | Insurance |
| Website | www |
Devitt Insurance Services Limited is a privately owned insurance broker based in Romford, England and have been arranging insurance in the UK since 1936.
Devitt is a specialist motorbike insurance company, but also arrange car insurance, van insurance, home insurance and business insurance. Devitt administrate motorbike insurance schemes for other large UK brands including BMW Motorrad in the UK, Post Office, RAC and The Salvation Army.
They compare quotes from their insurance panel, which includes Ageas, Aviva, AXA, Chaucer, Equity Red Star, LV, NIG and Provident.
Devitt's roots can be traced back to Thomas Henry Devitt who founded Devitt and Moore in 1836. His grandson Howson Foulger Devitt formed the company that would eventually become Devitt Insurance Services Limited.
In 1936, the Devitt 'DU' motorcycle was launched. It was an innovative idea to sell motorcycle insurance through motorcycle dealers. It allowed customers to ride away from the dealers on their motorcycle on the same day. The scheme was launched in conjunction with "H.P." Motor Policies at Lloyd's.
Devitt 'DU' changes to Devitt 'DA' (Dealers Association) in 1955 and made a massive impact on marketing campaigns for years to come.
1965 saw the creation of Devitt Langton & Dawnay Day Ltd, formed as a holding company for the Devitt broking interests. This meant a shareholding in Langton Underwriting Agencies at Lloyd's and backed by Dawnay Day, a small merchant bank.
The Caravan Club scheme was launched with Devitt in 1972.
The holding company established in 1965 changed its name to Devitt Group Ltd in 1979, due to the expansion of the Devitt broking operations, the sale of the Langton interests and the demise of Dawnay Day.
Steel Burrill Jones Group plc. (SBJ) purchased Devitt Group Ltd in 1989.
In 1990, Devitt Insurance Services Ltd was formed, merging the personal lines and affinity group business which had been developed within the Devitt Group Ltd by its subsidiary companies; Howson F Devitt & Sons Ltd, Devitt DA and Double Cox Tyrie.
Churchill acquired Devitt Insurance Services in 1999.
In 2003, Royal Bank of Scotland bought Churchill group, including Devitt, for £1.1 billion.
Devitt Insurance completed a management buy-out in 2011. Devitt is now owned by William Hughes (Managing Director) and Tony Chapman (Finance Director). Following this, Devitt bought Screentrade from Lloyds TSB. Devitt were arranging car insurance for Screentrade whilst they were both owned by Lloyds. Screentrade was one of the first online insurance/brokers comparison sites.
2016 marks the 80th anniversary of Devitt arranging motorcycle insurance for UK bikers. Devitt's longest standing customer, Trevor, has been insured since 1939 and still rides today.
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Wikipedia