Fortis stays on track as motor accelerates
Fortis Insurance has reported a further year of growth and record profits. The broker-only insurer ...
Fortis Insurance has reported a further year of growth and record profits.
The broker-only insurer announced that its gross written premiums (GWP) were up overall by 10% at £546m (2002, £497m) and profit before tax showed an increase of 35% to £43.9m (2002, £32.5m).
Barry Smith, chief executive, Fortis Insurance, said: "Focusing on responsible underwriting and maintaining service levels above the norm has been integral to this success.
"We are particularly encouraged by the motor results. Our
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