Category Archives: News

Theo Takes a Trip Down Memory Lane with Plan Insurance

On Tuesday 24th April, Theo travelled to Redhill to take a trip down memory lane, and officially unveil the brand new offices for Plan Insurance.

When the Thatcher Government granted council tenants the right to buy their homes in the early 1980’s, Plan Insurance Co-Founder, Peter Georgiades, needed financial advice.Theo, then aged 22 and working at Legal & General, provided the necessary guidance and arranged a suitable mortgage. In 1989, when Peter and his eldest son Scott Georgiades were seeking to establish their insurance business, the equity from that house purchase was used to fund their start-up.

Twenty nine years later the business has evolved into The Plan Group Limited, trading as Plan Insurance Brokers, run by Scott and his two brothers, Grant and Ryan, with Dad still putting in a shift. Continuing the entrepreneurial spirit and hardworking example they grew up with, they still continue to develop and improve the business. After a chance meeting at a Children with Cancer Ball, Theo arranged to attend the opening and meet up with Peter and his wife Gail, after all those years, to celebrate their success.

Speaking at the event Theo Paphitis said:

“Being in Redhill, opening these fantastic offices, and hearing about how the business has grown is unbelievable. It epitomises everything I believe in about small businesses, family businesses. It’s about getting up and just doing it, as opposed to spending forever planning it…I wouldn’t have wanted to miss this, it’s a wonderful achievement and it’s great to see everyone again after 36 years.”

The evening celebrated the hardwork and success of the business and how important decisions you make in business can be, even after all these years!

Theo Judges the Premier League Enterprise Challenge Finals 2018

Theo once again supported the Premier League Enterprise Challenge, by judging the Finals at EY in London on 23rd April 2018. Fellow judges included Peta Bistany (Executive Office Director, Premier League), Graeme Le Saux (Former Premier League and England Defender) and new judge, Alex Scott (Arsenal Women’s Captain).

The aim of the overall competition, also in partnership with Sport Relief, is to provide Premier League and English Football League Clubs, schools and young people with the unique opportunity to compete against each other to pitch solutions to a specific football business challenge.

The participating Club finalists this year were from:
Wigan Athletic FC
Watford FC
Middlesbrough FC
Brighton & Hove Albion FC
Everton FC
Swansea City AFC

The event was hosted by CBBC and Guinness World Record TV presenter, Ben Squires.

Theo shared some words of wisdom to rally the troops ahead of their Dragons’ Den style pitches to him, and his fellow judges, in a pre-match talk!

Alongside their presentations to the judges, the finalists are also given an on the spot supplementary task to complete showing how they would gain support for their main idea with key stakeholders. The teams were judged on their adaptability, evidence of collaboration and their drive, which there was no shortage of on the day!

Due to the incredibly high standard this year, the judges couldn’t decide between two of the schools so for the first time ever there were double winners!

Congratulations to Lathom High School for Wigan Athletic FC and Broadgreen International School for Everton FC, who both did a fantastic pitch and wowed the Judges with their original ideas.

Lathom High School decided on an idea to help visually impaired spectators by providing headphones with full match commentary and tablets, so they can re-watch anything they may have missed on the field.

Broadgreen International School opted to look at how they could tackle the underrepresentation of BME and mixed faith fans attending matches. They planned to target key areas of Liverpool where 52% of the population are BME, recruit an Inclusion Ambassador and develop an educational training programme.

Commenting on the day Theo Paphitis said:

“The standard this year was exceptionally high and for the first time in 10 years we have a double winner! It has always been close but this year we had two very different but brilliant ideas that none of the judges would compromise on. Congratulations to both winners and to all the finalists who put a lot of hard work in and delivered some great pitches!.”

Congratulations to all involved and for all the hard work that went into the event and preparation!

A winning weekend at the 76th Members Meeting at Goodwood!

On 17th March Theo Paphitis braved the snowy conditions to race at the 76th annual Member Meeting at Goodwood. The event is a highlight in the calendar for race fans at Goodwood.

Theo was joined by team mates Laki Christoforou, Kerry Michael and F1’s Mark Blundell, better known as Team Stavros. The Team were entered in the Gerry Marshall Trophy, run in memory of British saloon-car King Gerry Marshall. The race features saloon cars that raced between 1970 and 1982, always a very competitive race!

Mark Blundell and Kerry Michael kicked off the successful weekend by claiming honours in the Gerry Marshall trophy opener, driving the Ford Escort RS2000, which was a gruelling 38 minute race in hazardous conditions.

Next up was the Gerry Marshall part 2 – The Sprint, in a Ford Escort Mark 2 2000. The snow made for very tricky conditions, however Laki and Theo pulled a win out the bag, meaning a win over all for Team Stavros!

As the weather continued to get worse the motor homes they were staying in even had to be pulled out the camping field by two tractors.

The weekend was dedicated to the late Henry Hope-Frost who died on March 8th, he was the main Goodwood interviewer and a man who embodied everything that Goodwood’s motorsport events stand for. He will be greatly missed.

Theo Visits Atlas Bar, 2017 Many Hands Campaign Winners!

As winners of the 2017 Many Hands campaign, Atlas Bar in Manchester also received a very special guest judge as a customer at their bar.  Having raised over £5,000 for the Royal Manchester Children’s Hospital by selling Manchester Vigil Gin on a Manchester to London train on World Gin Day, Atlas Bar were crowned overall winners at the 2017 Many Hands final, in Manchester.  All of Atlas Bar’s proceeds went to the hospital and the cocktail created specially for the judges is still on sale in the bar today.

As part of their prize, it meant that judge Theo Paphitis also popped along to the bar for a cocktail and a catch up with the team.  Atlas Bar owners Elaine and Mark Wrigley were there to welcome Theo, along with their staff, and treated Theo to a History of Gin Masterclass to teach him all about the spirit’s origins. Theo tried the Four Pillars Gin, which was a very strong 58.8% ABV – also known as Navy strength !

The staff at the Manchester bar also had their own private Q&A session with Theo.

To find out more about the Many Hands charity http://www.rmchcharity.org.uk/get-involved/corporate-fundraising/many-hands-2018

Theo Launches Many Hands Campaign 2018

On the evening of Wednesday April 11th, Theo Paphitis joined local Manchester businesses, and the Many Hands team and supporters, including Chairman, Maurice Watkins, at the 2018 Many Hands launch, all in aid of raising money for the Royal Manchester Children’s Hospital.  

Taking place at the National Football Museum, a number of local businesses were keen to hear more about the good work of the Royal Manchester Children’s Hospital, and how being part of the campaign will include benefits such as networking, media exposure and the opportunity to meet Theo.

The Many Hands competition challenges businesses to compete against each other to raise a minimum of £1,000 within 6 months.  The shortlisted companies are then invited along to pitch their ideas and results to the judges, including Theo, in a bid to be crowned the winner.

During the evening, Theo was also interviewing by former Manchester Evening News Editor, Paul Horrocks, with Theo fielding questions on what he would do differently if was starting up now and what it is that interests him when he looks to buy a business. Theo told the audience that it is about the people, a great person with an average idea, is better than an average person with a great idea !

Good luck to all those entering!

For more information on Many Hands – http://www.rmchcharity.org.uk/get-involved/corporate-fundraising/many-hands-2018