Fortis reports strong half-year results
Fortis has announced its half year results which show, that despite market pressures, it has managed to produce steady growth throughout the company, particularly in private car, with the number insured now standing at more than 1.6 million.
The insurer recorded £383m in gross written premiums (GWP), up 14% on the same period last year. Private car increased by 24% and the retail business reported an 8% increase in commission income. Fortis also secured a number of significant renewals and deals in the first six months of the year including lead insurer position on the Marks & Spencer Money motor insurance panel.
Barry Smith, CEO of Fortis commented: “I am pleased to announce these positive results for Fortis, which show both the
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