Broker Network's Duggan: "it's been a massive change"

gary-duggan-2

The boss is confident of consigning the network's woes to history and is plotting a course for a successful 2014.

Amid the last batch of Towergate results which included a £15m client money misallocation and a profit fall the performance of its network division also warranted attention.

Income for this area has steadily declined over the past three years, from £20.8m for the 2010 full year down to £16.6m for 2012. This is a 20% drop over the period.

Furthermore, divisional income for the first three quarters of 2013 came in at £9.3m, 29% down on the £13.1m posted for the same nine months of 2012.

Certainly

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

Most read articles loading...

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: