Major legal expenses insurance providers Composite Legal Expenses won The E-Business
Award in this year's prestigious British Insurance Awards. The annual British Insurance
Awards recognize the cream of the UK's insurance industry. Other finalists were AXA,
Hiscox, Legal & General and Towry Law.

At the awards function held at The Royal Albert Hall on 9 July in the presence of 2000 of the UK insurance industry's most influential and senior people, Composite's MD John Mullin received the award announced by TV personality John Sergeant. Composite were finalists in two categories - The E-business Award and The Technology Award - for its unique Event Litigation Funding (ELF) Initiative for UK personal injury solicitors. Managing Director John Mullin comments: "Our ELF Initiative has already won two previous Awards in the last 15 months, but to be short listed in 2 categories by a panel of senior influencers from the insurance industry and then to win The E-Business Award really was the icing on the cake".

ELF gives solicitors on-line funding when it is needed for the handling of personal injury claims.

Composite are one of the UK's top legal expenses insurance providers. Turnover in 2002 grew
to over £14m. In 2001 Composite achieved a turnover of £2.8m equating to almost a 400%
increase! Pre-tax profits increased dramatically from £463k to £2.13m! One of the keys to
Composite's financial success is its strong focus on maintaining a low expense base through
investment in technology.