Coversure reports premium rise for 2019
Turnover remained flat at the franchise business.
Coversure Insurance Services has reported an operating profit of £1.35m for the year ended 31 March 2019.
This is a slight dip compared to the £1.49m achieved in the preceding year. In addition, the franchise’s turnover remained flat at £6.04m.
However, Coversure’s profit after tax saw a small increase to £1.39m for the year, compared to £1.17m in 2018.
The business also reported a rise in gross written premium to £113.3m (2018: £109.7m).
Meanwhile, staff numbers grew to 100 from 83 in the
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