Duncan McClureFisher
editDuncan David McClureFisher | |
|---|---|
| Born | March 13, 1964 |
| Occupation | MD Warranty Direct |
| Spouse | Eileen O'Hanlon (m.2001) |
| Children | Daniel (b.1988) Saoirse (b.2002) |
Duncan David McClureFisher (born 13 March 1964) is an English entrepreneur, specialising in insurance. Together with his father, David Anthony McClureFisher, he launched Warranty Direct Limited in 1997, now the UK’s leading consumer-direct extended warranty provider.
Background
editBorn in Nairobi, Kenya, Duncan McClureFisher is the eldest son of David and Lesley. After attending primary school at Pembroke House, Gilgil, he moved to England to attend Berkhamsted School until the age of seventeen. After leaving school, Duncan embarked on a career in the insurance sector.
Career
editLloyd's
editOn joining Lloyd's of London, Duncan worked for Sedgwick Forbes (Lloyd's Underwriting Agents), part of the Sedgwick Group. In 1984 he joined the Marine Syndicate 483. Whilst there Duncan created Compass Information Systems Limited, developing and selling the first insurance shipping exposure system.[1]
He spent a total of 15 years at Lloyd's before registering Warranty Direct at Companies House on 02/08/1996 with his father, David.[2]
Warranty Direct
edit
Although extended warranties were the norm in North America[3] at the time of Warranty Direct’s launch, extended warranties were a relatively new concept in the UK. With the typical manufacturer warranty lasting only 3 years [4] however, there was a potential market for extended mechanical and electrical repair insurance.
When Warranty Direct began, its sole service was vehicle warranties, but it later began providing home appliance warranties, GAP insurance and cover for vehicles deemed high-end in their Prestige and Performance policies.
In 2006 Duncan and David sold a portion of their Warranty Direct shares to Cardif Pinnacle, a subsidiary of BNP Paribas[5], but remain at the company as Managing Director and Deputy Chairman respectively.