Skip to main content

Post tax profits double at Green Insurance Brokers

cash4645

Broker reports rises in turnover and operating profit.

East Sussex-based Green Insurance Brokers has posted a 117% increase in profits after tax from £276,678 in 2014 to £600,772 in 2015.

The figures for the year to 31 March 2015 showed an increase in turnover of 11% to £4.47m (2014: £4.02m).

The numbers filed at Companies House also revealed a 38% jump in operating profit to £1.24m (2014: £902,287).

The results were for the first full year since the business' investment deal with Peter Callum-backed Minority Venture Partners (MVP) in January 2014.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Broking Success: Tim Forshaw, Tower Insurance Brokers

Fresh from its first deal and with a goal of more than doubling to £100m GWP, Tim Forshaw, CEO and founder of Tower Insurance Brokers, outlines why the business is targeting niche mutuals and the benefits of bringing global broker knowledge to local firms.

MBP takes minority stake in £32m GWP broker

Insurance investment vehicle Minority Broker Partnerships has acquired a minority stake in Caleb Roberts Insurance Services, an independent agricultural and rural insurance broker operating across Mid Wales, Herefordshire and Shropshire.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: