Financial services companies reveal restructure
Two East Midlands financial services companies have announced they are restructuring.
Chartered Insurance Broker, Cowens Survival Capability and Chartered Financial Planners, Cowens Financial Architects, will now come under the umbrella of Cowens Group, with a new management structure in place.
The two Mansfield headquartered companies will come together under a new brand identity, consolidating their five associated service offerings; risk solutions, financial architects, employee benefits, survival capability and private clients, under the Cowens Group name.
Managing director of Cowens Survival Capability, Paul Chaplin, will now become the CEO of Cowens Group and director of financial planning at Cowens, while Tony Duckworth will step up to managing director of Cowens Financial Architects and Employee Benefits.
New group CEO, Paul Chaplin, said: “This is the exciting next chapter in the growth and development of Cowens. Whilst the basic principles we started out with in 1973 have never changed, we believe we have the structure and management team in place to continue to enhance the services we offer with our clients always being at the heart of what we do.
“Now the management of both businesses is unified under one structure with common and connected branding, our clients across all brands will have easier access to our full range of services for both their businesses and their personal lines. It’s not only good for both sides of the business in terms of shared opportunities and widening our reach, it’s the improved ability to provide a seamless, all-encompassing service to our customers from under one roof.”
Tony Duckworth, the new MD of Cowens Financial Architects and Employee Benefits, said: “We’re proud of how far we’ve come as two separate entities but as the business landscape changes, it was important for us to focus on a fresh, modern approach to financial services. By bringing our brands together under the ‘Group’ umbrella I believe we have reinforced our robust offering and catered to the growing demand for easy, combined and most importantly, quality service. The future for Cowens is an exciting one and we’re thrilled with the fresh new brand.”
