Insurance Age

Claims People reports profit

Results included:

Profit before tax of £10,778 (2006: loss £66,565); Revenues up 47% to £1,929,729 (2006: £1,311,397); Successful share placing of £500,000; Improved cash balances £216,582 (2006: £235,281 overdrawn); Two new divisions launched - creating first mover advantage; Board strengthened through appointments and realignment; i-Team consultancy revenues substantially increased by 150%; and Increase in loss adjusting revenues in the second half of the year as a result of floods across