Financial Services >> CEO Interviews >> October 4, 1999
NEIL ECKERT began work within the Lloyd's market in 1980. He joined
Benfield Lovick & Rees & Co. Ltd in September 1986 as an insurance
broker. Benfield Lovick & Rees & Co. Ltd. Became Benfield Ellinger
Limited in 1991, following the acquisition of Ellinger Heath & Western.
He became director of Benfield Lovick & Rees & Co. Ltd. (Benfielf
Ellinger Ltd.) and the Benfield Group Limited in 1991. This became one
of the most profitable private companies in the UK and is now one of the
leading independent reinsurance intermediaries in the world. He
focussed on corporate capital at Lloyd's and the start up of Benfield's
wholly owned reinsurance company. Neil joined the board of Benfield &
Rea Brothers Limited with responsibility for the financial service areas
of The Benfield Group Limited in March 1995. This subsequently became
Benfield Advisory Limited. Areas of activity included corporate finance
and advice to investors on insurance companies. He joined the board of
The Benfield & Rea Investment Trust plc at launch in October 1995. Neil
was appointed to the boards of various companies which The Benfield &
Rea Investment Trust invests in, including Harlequin Insurance PCC
Limited, a Guernsey based captive insurance company. Profile
TWST: Can you please give me an overview and a brief history of theInvestment Trust, and a description of its investment mandate.
Mr. Eckert: The company was formed as an investment trust in