Complete Cover trims losses as turnover and headcount more than halve in 2022

people

Complete Cover Group has confirmed cutting its headcount to 91 last year, down from 281 in 2021.

The motor broker had 340 staff as recently as 2020. However, sales staff in 2022 dropped to 37 from 117, while the number of administration employees fell to 54 from 165.

The car and van specialist was bought by private equity house Sun Capital Partners in June 2020. It was subsequently absorbed into the wider Abacai Technologies business in February 2021 after Sun Capital teamed up with former Aviva group CEO Mark Wilson to launch the insurtech disruptor.

In its 2021 results filing at

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

Meet the MGA feature: Arc Legal 

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products.

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.

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: