Motor specialist Lucida posts second year of double-digit growth
Motor specialist Lucida Broking Holdings grew turnover in continuing operations by 28% in 2022 to £47m, according to a filing at Companies House.
The holding company rebranded from Right Choice – trading brand Right Choice Insurance Brokers was kept – in 2021 when it also grew turnover by 28%.
That same year, it snapped up SME specialist Moorhouse, motorcycle experts Bennetts and bought motor brands including Autosaint, Ladybird and First Van from Fresh Insurance Services Group.
The group entered 2022 in a restructured form with specialist subsidiaries.
Car and motorRCIB now features car and motor breakdown policies. In 2022, car
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
People Moves: 20 – 24 April 2026
Keep up to date with the latest personnel moves in insurance.
Biba 2026 Countdown: UGL’s Derek Coles
Derek Coles, CEO of UGL, suggests Biba is often a tale of two breakfasts, compares Brendan McManus to Ben Stokes and recommends a watering hole for some downtime away from the conference centre.
Top 100 broker claims UK first with ChatGPT insurance app for small businesses
Simply Business has launched a business insurance app in ChatGPT, in what it claimed is a UK first.
Clegg Gifford joins Willis Networks panel
Clegg Gifford and Willis Networks have teamed up in a move designed to broaden wholesale and Lloyd’s access for the network’s members.
Watkins joins SRG after almost a decade at PIB
Zoe Watkins is set to take on the head of private clients post at Specialist Risk Group at the end of June.
Ageas and Saga add home to partnership
Ageas UK and Saga have launched a home insurance proposition for the over-50s, labelling the move as a “milestone”.
Bspoke seeks more broker growth with quote-and-buy portal roll out
Bspoke Group has rolled out quote-and-buy portal Bspoke Online, stressing it has been developed specifically for brokers to simplify and speed up trading and policy management.
Biba 2026 Countdown: nCino’s Hanré Cillié
Hanré Cillié, RVP of insurance growth and compliance at nCino, reckons Biba really gets going when the coffee kicks in and might be seen singing Wonderwall dressed as an alligator after dinner on Wednesday night.