Clarkson Insurance Brokers Ltd Claimed
Clarkson Insurance Brokers Ltd – formally known as Clarkson Notcutt (Insurance Broker) Ltd until July 2012 and its predecessor parent companies have operated in Kenya since 1958.
In brief, Clarkson traces its origins to at least six (6) parent companies namely:- H. Clarkson & Southern Co. Ltd and Ernest A. Notcutt & Co. Ltd of the United Kingdom, Arbon Langrish & Southern Ltd and Southern Shipping Lines ( overseas companies with local interests at the time), Clarkson & Southern Ltd and Notcutt Longaroni & Co. Kenya Ltd.These origins show a strong maritime bias right from the time Horace Clarkson set sail in his “M.v R.N.L.B Horace Clarkson” (and thereby bestowed on the company its logo of sails), to the business marriage between H.
Clarkson & Southern Co. Ltd and Southern Shipping Lines ( one of the premier Kenya Shipping Companies of the time), and finally, to the brief flirtation with the world famous Inchape Shipping Services in the early 1980’s.In 1984, following the divestures from Kenya of Bain Dawes and Ernest A. Notcutt ( the then UK shareholders at the time of Clarkson & Southern Co. Ltd and Notcutt Longaroni & Co. Kenya Ltd respectively, Clarkson Notcutt (Insurance Broker) Ltd was born out of the merger of Clarkson & Southern Co. Ltd and Notcutt Longaroni & Co. Kenya Ltd.The Kenya Commercial Bank Limited through its then affiliate – Kenya Commercial Finance Company Ltd had earlier bought into Notcutt Longaroni Kenya Limited thus partly owning it. Consequently, Clarkson Notcutt (Insurance Broker Ltd) was then owned on a 50% / 50% basis by Clarkson & Southern Ltd and Notcutt Longaroni & Co. Kenya Ltd.
Clarkson Insurance Brokers Ltd – A structure which was in place for almost 20 years. In 2003, both groups of shareholders decided to sell their interests to enable them concentrate on banking which was their core business.
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