Arista reports improved GWP and turnover for 2011
Arista has reported gross written premium (GWP) of £74m for 2011, a 10.5% improvement on the £67m it recorded in 2010.
The managing general agent said renewal income accounted for 72% of GWP in 2011.
Turnover also increased from £9.5m in 2010 to £11m for 2011. Meanwhile EBITDA jumped by 95% from £683,000 in 2010 to £1.33m last year.
Charles Earle, chief executive at Arista, said: “[Last year] marked Arista’s fifth year of trading, and saw the company achieve a profit for the second consecutive year.
“The improvement is the result of the hard work of Arista people as we continue on our journey to achieving market
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