SEP delivers record year for business growth

Phil Stafford_SEP Insurance - edited

Merseyside-based SEP Insurance has reported a record year, growing written premiums by 40% in 12 months.

The broker was founded in 2018 by managing director Phil Stafford. According to SEP, in the recent period it experienced its most successful month ever with £2.1m of written premium.

Part of this success can be attributed to a number of recent renewals, the business detailed.

In October SEP secured its highest value long term renewal to date with a major hire and reward firm based in Liverpool for a further two years. The deal is valued in excess of £1m and involves quarterly claims reviews and

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Broking Success: Right opportunity

Matthew Collins, founder and managing director of Ascend Broking, targets growing from £14m to £50m gross written premiums in five years as the firm positions itself as a viable alternative to larger brokers.

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