Pre-tax profit grows to £3.2m for Devitt in 2016
Motorcycle broker looking to buy books of business.
Profit and turnover increased across the board in 2016 for Essex-based motorcycle broker Devitt.
The figures filed at Companies House showed that turnover grew to £11.6m (2015: £11.1m) and operating profit also went up to £2.6m from £2.0m.
An exceptional item meant that profit before tax was £3.2m compared to £2.5m in 2015.
Organic
Director William Hughes told Insurance Age that the business has had “continued steady organic growth across our portfolio of products, in particular motorcycle
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