Ten Insurance reports income growth


Ten Insurance, a network with independent commercial brokers as members, has reported that its 2015 income from commission and fees has grown to £9.4m, up from £7.1m in 2014.

The organisation described the results as "encouraging" and noted that membership had grown to 105 brokers, GWP was up by 30% compared to 2014 and earnings up by 31% for a second consecutive year.

In a statement the network noted it had originally predicted GWP growth at 22.5% and earnings a little higher at 25%.


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