Barton sees Jelf “bucking the trend”
Phil Barton, chief executive for insurance at Jelf, has described the broker’s 4.4% organic growth in insurance business to £44.8m as “no doubt bucking the trend” in the industry.
The declaration came as Jelf reported its full year results for the year ended 30 September 2011 with group revenue up 2% to £72.1m and profit increasing to £2.8m.
The group also paid down net debt to £3m (2010: £7.3m). "It separates and differentiates us from the rest of the market and enables us to invest in organic growth," claimed Mr Barton.
"While most of our competitors are battening the hatches down and trying to hold on to what they have got we are investing for growth and that is a
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