Partners& boosts turnover by 54% and cuts operating loss by nearly two-thirds

Phil Barton

Partners& grew its turnover by 54% to £34m in the last financial year and reduced its operating loss by over £8.5m, Insurance Age can reveal.

Operating losses fell to £5.5m in the year ended 31 March 2023 from £14.01m the year before.

According to the broker, adjusted Ebitda stripping out restructuring costs, swung from a loss of £4.6m to a £3.8m profit.

Gross written premium jumped year-on-year to £143m from £110m.

Related Partners& adds two brokers

Partners& has bought Weybridge-based Richard Thompson Insurance Brokers and Leicestershire-based Regent Healthcare, Insurance Age can reveal.

The firm struck five

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