Sutton Group profit and turnover soar in run-up to Acrisure sale

arrows-rise

Sutton Group has reported ‘best ever’ figures as turnover and profit leapt by 15% and 50% respectively ahead of being snapped up by Acrisure.

In the year to 31 March 2022, Sutton Group Holding’s turnover reached £16.81m as profit before tax hit £3.26m.

Total comprehensive income for the financial year was also up, by 45%, from £1.29m in 2021 to £1.88m in the most recent period.

The directors reported: “Despite being a challenging time, the businesses coped remarkably well throughout the pandemic and post-pandemic periods.

“The group continued to grow and achieved its best ever results in terms of increased turnover and

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.

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

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Brokers upbeat on 2024 growth – Aviva

Brokers are more optimistic about growth in the coming year than they have been since before 2020, according to Aviva, with 83% expecting their business to grow compared to 76% last year.

Brokers, are you sure you don’t have a D&I problem?

Why is Link – the LGBTQ+ insurance network – at the British Insurance Brokers’ Association Conference next week? Because it wants to support brokers on diversity and inclusion, according to co-chair Maxim Cook and committee member Erik Johnson.

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: