Griffin History

In the early 1980s many Lloyd's brokers became concerned about the cost and availability of insurance to cover their professional liabilities. The problems facing small and medium sized firms were raised at a General Meeting of Lloyd's in the Autumn of 1985 and, following this meeting, Tindall Riley was approached by a number of firms who expressed interest in the formation of a Mutual to cover these risks.

The Griffin was formed following some two years of research into the existing errors and omissions insurance arrangements of a group of broking firms and the development of the constitutional and financial framework for a successful Mutual Insurance Association.

The Association was authorised as an insurer by the Secretary of State for Trade and Industry on 7 March 1988 and makes Annual Returns to the FSA regarding financial viability.