PROFIN

AcronymDefinition
PROFINProfessional and Financial Risks Unit (of Royal and SunAlliance Insurance, PLC)
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The National Bank of Ukraine detected evidence suggesting Profin Bank PJSC's involvement in risky activities, which led the regulator to apply enforcement measures against this bank for violation of legislation on financial monitoring.
14 July 2010 - Credit Rating set today a long-term uaA- rating with a "stable" outlook to Ukrainian Profin Bank.
The management team, consisting of directors Sally Clarke, Keith Clarke and Simon Oswell, has more than 40 years experience working at Profin.
Profin's patented Centrificoat uses a canting head mechanism enabling coatings to be applied inside blind holes such as pozi headed screws.
"We constantly endeavour to identify growth-oriented companies in the SME (small and medium enterprises) segment and partner them for their expansion plan with investment from financial/strategic investor" said Dhiren Kothary director Quest Profin. "We have found like-minded partners in OIJIF to further accelerate our vision of being a dominant player in this segment" Shah said.
Profin's managing director, Peter Smith, said: "It represents an investment of over [pounds sterling]100,000 but I am encouraged by the workload volumes that are increasing daily."
Mr Smith, managing director of Profin Protective Finishing at Park Farm Industrial Estate Redditch, said he was astonished at the lack of interest shown by first-tier suppliers to the automotive industry in this country.
"This newly emerging exposure has been created by recent changes in state legislation upholding the rights of patients to hold HMOs liable for refusing to authorize treatment or for the negligence of network physicians, as well as the increased choice of plans and control that allows employers to manage costs, but also creates an exposure to liability," says Michael Gaudet, a senior underwriter with ProFin, a worldwide practice of Royal & SunAlliance that underwrites professional and financial risks.
Hobby and DIY products under the Profin brand are widely available through wholesale and retail outlets around the country.