BGL reports 16% growth in profit

Aleksandr Orlov Compare the Meerkat

BGL Group has reported pre-tax profits of £72m for the year end June 2011, a year-on-year growth of 16%.

The broker put much of the growth down to the performance of Comparethemarket.com and Junction’s renewal of the M&S contract for a further five years and a contract extension with RACi.

BGL Group chief executive Peter Winslow said: “I’m pleased that 2010/11 was once again a successful year of trading for our group, and saw us deliver continued profit growth. Our programme of financial investment and business development continues as part of our strategy to take the company to the next level.

“We

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

Biba Conference 2024 countdown: CFC’s Pat Brice

As we continue our Biba Conference series, Pat Brice, distribution director at CFC, promises socks on its stand, and reflects on the post-pandemic buzz of the event, encouraging first-timers to step back and absorb their surroundings.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: