ERS chief looks for further growth after return to profit

illustration of money plant growing from the soil

Ian Parker confident about continued support from private equity owners Aquiline.

ERS' CEO Ian Parker expects further growth after the business posted its first profit in five years, and the continued support of Aquiline - the private equity firm that owns the provider.

The specialist motor insurer made a profit of £8.3m in 2014 which represented a rise of £28m on the loss it recorded in the previous year.

Parker said the turnaround reflected the hard work of everybody involved at the business since Aquiline Capital Partners completed the purchase of the firm in May 2013.

"We

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