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Arista declares third year of profit

Charles Earle

Arista has reported Ebitda of £1.71m for 2012, up from the £1.33m achieved the year before.

The managing general agent also saw gross written premium rise to £81m (2011: £74m) as turnover was up by £700,000 to £11.7m.

The commercial lines underwriting specialist also confirmed that it had 398 managed broker relationships during the year, up from 370 in the previous 12 months.

The full year figures marked Arista's third consecutive year in profit

Arista chief executive Charles Earle said: "The results achieved in 2012 very much reflect the hard work and dedication of Arista staff.

"The

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