Bollington reveals final set of financial results before Gallagher takeover

Money

The broker, which was bought by Gallagher earlier this year, reports increases in turnover and profit for 2020.

Bollington Insurance Brokers has reported a 38% rise in turnover to £32.48m in the year ended 31 December 2020, up from £23.56m in 2019.

The business, which was bought by Gallagher at the beginning of this year, also posted an increase in pre-tax profit to £5.97m in 2020, compared to £4.60m in the preceding year.

In a filing on Companies House, the broker explained that the rise in turnover had been driven by a combination of growth in its underlying performance and acquisitions.

During the

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