A-Plan details £3.6m rebrand spend as turnover ticks up but profits dip in 2024
A-Plan, now rebranded as Howden, grew turnover by 2.1% to £167.3m in the year ended 30 September 2024 as investments in staff, rebrand costs and IT spend hit the bottom line.
The name switch to Howden came into effect on 1 October 2023, the start of the financial year covered in a filing at Companies House.
The document for A-Plan Holdings detailed the rebranding led to £3.6m in one-off costs, having spent £900,000 on the process the year before.
This growth will be further bolstered as the company takes advantage of the considerable opportunity for expansion in the UK by opening new branches and developing specialist product areas to drive future growth.
Headcount 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 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
Biba 2025 Countdown: Pen Underwriting’s Sarah Breslin
With just a day to go until the Biba conference Sarah Breslin, managing director for commercial UK & Ireland at Pen Underwriting, is promising a big, bold and colourful stand from the MGA, with a hint of Minecraft as she relishes the chance to talk about all Pen can offer and do business.
Meet the MGA: Shape Underwriting
Mandy Hunt, managing director of Shape Underwriting, explains the logic behind rebranding the Clear MGA business; outlines its holistic approach to acquisitions; and pinpoints the importance of recruiting staff who understand collaboration, integrity and honesty.
Biba seeks insurer meetings after publishing disclosure advice
The British Insurance Brokers’ Association has launched cross industry guidance that it hopes will reduce misunderstandings over what should have been disclosed when cover was taken out - which in some cases will cause a claim to be repudiated or reduced.
Newbie News: CastleBridge Risk Solutions
CastleBridge Risk Solutions founders, Tim Grant and James Dunsby, tell Insurance Age how the business will focus on service, the importance of relationships, and all about its partnership with Cornerstone Finance Group and Imperial Chartered.
Interview: Duncan Pritchard, CEO of Commercial Express
Last year Commercial Express garnered extensive attention from the broker community with its slew of eye-catching product launches, CEO Duncan Pritchard tells Insurance Age about the growth of the business and what is coming next.
Biba 2025 Countdown: Crawford & Company’s Paul Lofkin
The Biba conference starts tomorrow and Paul Lofkin, president, UK & Ireland at Crawford & Company, explains why technology should be embedded at the heart of modern broking; tips its limited-edition tote bags to be the envy of the event; and reveals its plan to bring Cuban flair to the gathering.
Only 20% of brokers working with AI – Open GI warns of smaller broker ‘gulf’
Research from Open GI has found as many as 80% of insurance brokers have yet to implement AI into their business, with the software house warning of a “gulf” between the progress of national brokers and smaller regional firms when it comes to gaining an advantage from early AI adoption.
JMG confirms new investor
Chicago-headquartered private equity house GTCR has invested in JMG Group alongside existing backer Synova and the broker’s leadership team.