Verlingue UK reports growth in 2020 financial results
The broker also revealed a plan to triple its international turnover and to grow its position as a large independent European broker.
Verlingue has reported rising profits for the year ended 31 December 2020, with a turnover of £17.8m, a 2.7% increase over the previous year (2020: £17.3m).
According to a filing on Companies House, the broker’s pre-tax profit increased by 23.5%, reaching £2.97m in 2020, up from £2.4m in 2019.
Additionally, its operating profit hit £2.9m in 2020 (2019: £2.3m). However, its administrative expenses stayed constant at £15m.
Overall, the broker saw a profit for the financial year of £2.2m
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
Ageas’ Claire Green on why listening, innovation and partnership matter more than ever
As director of distribution at Ageas, Claire Green works closely with brokers across the UK, giving her a front-row seat to the opportunities, challenges and evolving trends shaping the industry. Ahead of Broker Expo 2026, she shares what she’s most looking forward to at this year’s event and why listening to brokers remains more important than ever.
Blog: Supporting insurance people when they need us most
Victoria Sutton, marketing and communications manager at The Insurance Charity, explains why it is engaging with Broker Expo at the NEC on 8 October and what it can do to help brokers in need.
Movo launches broker investment arm targeting minority and majority stakes
Movo Partnership has launched a broker investment arm – MovoQ – to buy minority and majority stakes in brokers, Insurance Age can reveal.
People Moves: 21 – 25 September 2026
Keep up to date with the latest personnel moves in insurance.
Markerstudy owner mulls delisting from stock exchange amid sales talks
Pollen Street Capital, the owner of Markerstudy, has confirmed it is in talks about selling up and delisting from the London Stock Exchange.
Beyond the policy – where brokers add the greatest value
Broker Expo 2026 Countdown: Building strong client relationships is more important than ever, with brokers focusing on risk management, claims support, specialist guidance and facilitating connections in their communities. Ida Axling investigates this topic ahead of a panel session at the event.
Insurance Age’s Broker Expo is now a fortnight away
The Broker Expo is now just two weeks away.
Howden opens commercial office in Wrexham
Howden has officially opened its first commercial office in Wrexham.