Brokerbility has 12 new members in the pipeline

Ashwin Mistry

Executive chairman Ashwin Mistry says firm's income and GWP have been impacted by broker members selling up.

Brokerbility’s financial results for 2019 were impacted by consolidation, investment in IT, Brexit uncertainty and compliance changes, according to executive chairman Ashwin Mistry.

Brokerbility Holdings, which is the parent company of the Brokerbility Network and Leicester-based broker BHIB, reported a rise in turnover for the year ended 31 May 2019, along with a relatively flat profit after tax and a drop in Ebitda.

Mistry told Insurance Age: “We celebrated our tenth anniversary in December

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