Double digit profit rise at Kelliher in 2022 as turnover ticks up

Money

Kelliher Insurance Group boosted post-tax profit by 11.5% in 2022 to £868,137.

According to a filing at Companies House, Ebitda was stable year-on-year at £1.6m.

The profits came as turnover rose organically by 3.6% to £17.89m.

The Top 75 UK broker covers commercial and personal lines with specialisms including construction, property investors, sport and leisure. The group also includes an underwriting and wholesale division.

The breakdown of the results showed turnover up 2.2% at Kerry London to £11.4m. However, pre-tax profit slipped compared with the previous year

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

Review of the year 2024: Brown & Brown’s Sime

Chris Sime, group markets director at Brown & Brown Europe, predicts a UK consolidator could get taken out by a US broker, wonders why buyers continue to pay multiples on unrealistic Ebitda projections and mulls what a Blanc/Winslow reunion might look like.

Review of the Year 2024: Hedron Network’s Duncan Pagan

Duncan Pagan, consultancy services director at Hedron, reflects on frown-inducing M&A; weighs up the tangible benefits-to-burden ratio when it comes to regulation; and would love to see the Hedron brand atop the Pyramid Stage at Glastonbury.

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: