Moorhouse targets £100m GWP in two years
Independent Welsh broker Moorhouse has unveiled ambitious growth plans targeting £100m in gross written premiums via organic growth by 2010.
Using a ‘hypergrowth’ strategy, effective immediately, Moorhouse anticipates the generation of £35m of the overall £100m target will be achieved in 2008, taking its overall GWP to £60m this year. £18m of this year’s anticipated additional revenues will be derived from personal lines and its Xbroker distribution business. A further £17m will be generated by its commercial business in total tripling the amount of new business Moorhouse achieved in 2007.
The hypergrowth strategy will also see
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