Brightside reports rise in revenue and profit

Pre-tax profit during the same period increased by 33% to £4m, compared to £3m in H1 2009.

Paul Chase-Gardener, chief executive officer, said: “It has been an exciting period for Brightside. The group made excellent progress in the first half of the year towards its goal of becoming a major insurance distributor in the UK insurance market. Pre-tax profits rose by 33% to £4m (2009: £3m) in spite of development costs of elife and increased deferral of income by funding more premium finance