Coversure reveals 7.9% rise in turnover for year to March 2017


Coversure Insurance Services has posted a pre-tax profit of £1.32m for the year ended 31 March 2017.

This is compared to the £1.13m pre-tax profit it achieved in 2016 and Coversure group chief executive Bob Darling told Insurance Age he was “very happy” with the results, adding: “All of the key metrics are going in the right direction.”

The broker also reported a 7.9% rise in turnover to £5.42m (2016: £5.03m) and a 17.9% increase in operating profit to £1.50m in 2017 compared to £1.27m in 2016

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