A-Plan spends £13m on book acquisitions as revenue breaks £100m
Financial results filed for 2019 show the impact of the company’s acquisitive streak.
A-Plan Holdings spent £13.11m on book acquisitions in 2019, up from £5.58m a year prior, financial results filed on Companies House have revealed.
The results covered the year to 28 February 2019.
During this time, the broker spent £9.4m acquiring Jelf’s personal lines business. The deal added two offices in Evesham and Malvern to the business.
A-Plan also announced purchases of SME broker Oliver & Sanders in May 2018 and Endsleigh in January 2018.
Results
Revenue at A-Plan increased from
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
Only one in 10 consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers.
Ex-broker Bartleet seeking election as MP wants industry recognised for its value
The former CEO and owner of Erskine Murray Insurance Brokers, Tom Bartleet, see similarities between politics and broking, as he runs for the Liberal Democrats in the upcoming election.
Simply Business boosts profit 42% in 2023
Xbridge, which trades as Simply Business, achieved double-digit profit and revenue growth in 2023.
Sporting Sponsor: Verlingue
Insurance Age caught up with Neal Lumb, executive director of sales and marketing at Verlingue, to hear about the how the business sponsors a range of clubs and sports.
Four insurers able to restart selling GAP insurance – FCA
The Financial Conduct Authority has confirmed that four insurers can restart selling guaranteed asset protection insurance after it took action in February and March to halt sales across the market.
Biba 2024: Aviva’s Rebecca Gambrell on evolving the digital future
Aviva is listening to brokers’ feedback on what they want to etrade and responding appropriately, according to SME portfolio director Rebecca Gambrell.
People Moves: 13 – 24 May 2024
Keep up to date on the latest personnel changes in insurance.
Ex-broker CEO running to be MP
The former owner and CEO of Erskine Murray Insurance Brokers Tom Bartleet is to run as a parliamentary candidate in the 2024 general election for the Liberal Democrats in South Suffolk.
Most read
- Industry pays tribute to former colleague Geoff Kitchen, who died on Singapore Airlines flight
- Personal lines the stand out as Aviva UK GI GWP jumps 19% in Q1
- Biba 2024: Zurich seeks to take SME service learnings into mid-market space