Aston Lark posts growth in turnover and Ebitda in 2019

Growth coins plants

The group now employs over 900 people in 30 offices across the UK and Ireland, placing £440m of gross written premium.

Aston Lark has reported a profit of £7.7m for the full year 2019, up from £7m in the preceding year.

The broker’s turnover shot up to £52.7m (2018: £37.4m) and revenue increased by 25% to £71.6m.

Aston Lark further stated that it had achieved an Ebitda growth of 30% in 2019, while adjusted Ebitda went up by 40% to £26.9m when adjusted to include a full 12 months of acquisitions made in 2019.

Meanwhile administrative expenses also grew to £45.9m (2018: £31.3m).

Investment
This is the broker’s

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

Most read articles loading...

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: