Up from £8.3m in 2014 and operating profit increases to £1.7m.
Fresh Insurance has grown its turnover to £11.2m for the year ending 31 July 2015, up from £8.3m the previous year. The broker also saw its operating profit increase from £792,200 to £1.7m - growth...
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
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