DAS UK announce headline profits of £10.3m
DAS UK Holdings, the holding company for DAS Legal Expenses Insurance Company Limited, announced its 2007 results, declaring headline profits of £10.3m, an increase of 82% on 2006.
Gross income grew more than 8% to £109m. Underlying premium growth, net of commission payments, was over 20%.
Excluding exceptional items, the 2007 profit before tax was 28% higher than in 2006 and net premiums grew by more than 15%.
During 2007 the number of staff employed by the group exceeded 500 for the first time, growth which was influenced by the general expansion of the business, the acquisition of Amicus Legal in January 2007, and the establishment of DAS Legal Services, which already
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