ENA 0.00% 27.0¢ ensurance ltd

@tradingdragons there are two distinct operations:1. UK -...

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    @tradingdragons there are two distinct operations:

    1. UK - Ensurance UK - a fully fledged, now profit making underwriting agency.

    2. Australia - holding company Ensurance Limited - owner of Ensurance UK. They have an office in Sydney.

    There was a company called Ensurance Underwriting Pty Ltd which operated in Melbourne and Sydney but was sold for $1.1m last year (it is these offices which you have found online).

    Ensurance Limited recent made a move to start a new Australian operation as a result of buying TK Specialty Risks Pty Ltd due to a number of synergies with its UK division. This acquisition goes to shareholder vote at the end of July. Assuming the vote is positive (largely a formality at this stage), Ensurance Limited will then have offices in Perth, Adelaide and Sydney.
 
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