Bruce Stevenson commits to independence amid M&A interest

digital transformation

Edward Bruce, CEO of Bruce Stevenson, has pledged to keep the Scottish broker independent following ‘record’ financial results.

Yesterday (13 January), the broker announced turnover of £7.76m and profit before tax of £677,000 for the year ended 31 August 2019. The figures grew 8.4% and 30.6% respectively.

Gross written premium at Bruce Stevenson also rose from £33m to £36m over the same period.

Bruce told Insurance Age that the broker attracts “a fair amount of interest” from consolidators

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