Turnover and profits up at Eldon in 2018


Eldon Insurance has reported an uptick in turnover and profit for the year ended 31 December 2018.

Turnover rose to £87.9m in 2018 from £77.6m in the preceding year, while pre-tax profit soared to £6.5m (2017: £2.5m).

In addition, group operating profit for the business, which is the parent company of broker GoSkippy, increased to £6.5m in 2018 from £2.3m in 2017.

Meanwhile, Eldon’s administrative expenses also rose to £81.4m (2017: £75.2m).

Average staff numbers for 2018 were 483, up from

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