SEIB reports drop in operating profit and revenue for 2015
Broker states it is better placed for a strong performance in 2016.
South Ockendon-based SEIB saw operating profits drop 31 percent from £2.47m last year to £1.70m for the year ended 31 December 2015, the broker has reported in a filing at Companies House.
This was attributed to its commission income decreasing as it was "compelled" to change carriers on a significant scheme earlier that year.
Profit down
The company, which operates in specialist markets providing insurance solutions for funeral director, private motor hire owner and everything equestrian also
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