Broking success: Miles better
Miles Smith’s Paul Chainey and Paul Samways explain how the broker has grown by focusing on high-risk sectors and building specialisms
▶ What is the history of Miles Smith?
Paul Chainey: Miles Smith can trace its origins to 1925. It became Miles Smith in 1969 when Miles and Colin Smith owned the business. It became a private-public company in the mid-eighties. They sold, following retirement, to Greatminster Group in 1997 and that went into liquidation. Miles Smith restructured on 23 May 2000. It became a company owned by the directors and the staff. There were 43 staff in 2000 – there are 210 today.
▶ How is it structured?
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