Insurer Lycetts is set to move its UK head office into Newcastle’s most prominent new office after more than half a century in its historic city centre offices.
Lycetts is set to move its 105-strong Newcastle workforce into Bank House – the first phase of the multimillion-pound Pilgrim Place development – after exchanging contracts on 10,000 sqft of new office space. The company was founded on Tyneside in 1961 and now has 16 offices around the UK.
The group specialises in farm and estate insurance and also provides financial services, commercial and bloodstock insurance advice and has more than 155 staff spread across its UK estate, but has spent the past 60 years in Milburn House on Dean Street. The insurance broker, risk management specialist and financial services provider, has signed a 15-year lease at Bank House, which will see the firm occupy the entire sixth floor of the 14-storey building when construction completes next April.
