Carole Nash reports small profit rise for 2014
Chief executive David Newman points to fiercely competitive motorcycle insurance market.
Carole Nash has reported a rise in pre-tax profit to £3.95m in 2014 (2013: £3.93m), according to its financial statement for the year.
The broker also reported a turnover of £23.29m in 2014, compared to £24.81m in the preceding year.
David Newman, chief executive officer of Carole Nash, told Insurance Age that he was pleased with the small increase in profit after seeing double-digit drops in average premiums last year.
He commented: "We are happy that we were able to grow our profit slightly
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