TGIC reports rise in profits and turnover
The Green Insurance Company (TGIC), which was set up three years ago, has reported a pre-tax profit of £670,000 for 2009, up from £35,000 the previous year.
Part of the Kwik Fit Financial Services Group which was recently bought by Fortis, TGIC has achieved a turnover of £4.36m for 2009 (2008: £2.7m).
Kwik Fit Financial Services Group managing director, Brendan Devine, said: “From a standing start three years ago we have created a unique business model which has grown from strength to strength. We launched The Green Insurance Company in 2007 with just one insurer on our panel and this has increased to 13 in just three years which has enabled us to
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