Profits up at SEIB in 2016

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SEIB Insurance Brokers has posted a rise in revenue to £8.91m for the year ended 31 December 2016. Its revenue for the preceding year was £8.65m. Pre-tax profit also increased - by 7% to £2.39m (2015: £2.24m). In addition, the broker revealed an operating profit of £1.77m (2015: £1.70m) and post-tax profit up 8% to £1.89m compared to £1.75m in the previous year. Niche SEIB commercial director Suzy Middleton told Insurance Age that she was “extremely pleased” with the results, adding that