Turnover and profit down at Moorhouse in 2017


Turnover at Caerphilly-headquartered Moorhouse Group dropped by 30% in the year ended 30 September 2017, according to figures filed by the firm at Companies House.

The drop from £10.77m to £7.5m knocked on to a 16% fall in post-tax profit which came in at £500,000 (2016: £595,000).

In November 2016 Danish insurer Qudos ended its motor trade and commercial vehicles capacity deals with Moorhouse managing general agent Xbroker.

The group highlighted in its report that a loss of capacity had

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: