Southern Rock records £8.7m post-tax profit in 2013

Brightside director Arron Banks

GWP up 7% to £74.8m.

Southern Rock Insurance has reported £8.7m post-tax profit for the year ended 31 December 2013 and cited the move away from its "underperforming business with Brightside" as part of the reason.

The provider also highlighted that it had developed its own online distribution via GoSkippy.com and selected broker partners.

According to the company, it has achieved solid growth in a difficult market by focusing on niche areas.

Over the past year the firm has launched two further broking brands by

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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