Clear reports 46% profit leap

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Broker saw turnover rise by 18% in 2013.

Clear Insurance Management has reported a 46% rise in operating profit for 2013 to £1.57m, up from £1.08m in 2012.

For the year ended 31 October 2013, the broker also delivered an 18% surge in turnover to £8.56m (2012: £7.26m).

The results, filed at Companies House, also revealed that final year profit after tax came in at £1.43m (2012: £1.01m).

The average monthly number of employees rose to 86 in 2013 from 77 the previous 12 months.

Acquisitions
In the official document Clear stated that £268

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