Be Wiser posts drop in profit as turnover increases by £4m

Volatility arrows2

This is a reduction of £0.2m compared with £1.7m reported for the previous year.

The broker’s operating profit also fell, from £2.2m in 2012 to £2m in 2013. Meanwhile, turnover increased by 24%, from £17.4m to £21.6m.

The company grew its staff numbers from 241 to 395, and client numbers increased from 110,000 to 142,000.

Andrew Dunkerley, financial director at Be Wiser, said: “‘We have spent heavily on increasing staffing numbers and training so that the company can meet expected growth with

To continue reading...

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: