Bruce Stevenson grows GWP to £29m

profit-drop

Broker says it has a number of "exciting initiatives" underway to maintain growth.

Scottish-based broker Bruce Stevenson has seen GWP up £4.4m to £29m, an increase of 18% in the 12 months to 31 August 2016.

It additionally posted a 14% increase in turnover to £5.9m, while profit after tax was up 9% to £560,959 (2016: £514,366) during the financial year.

Operating profit for the year increased slightly by 9% to £774,460 (2016: £709,192), according to the numbers filed at Companies House.

Specialisms
Speaking to Insurance Age, chief executive Edward Bruce said the firm's results

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