Top 100 broker posts growth but rising costs trim bottom line
Aberystwyth-headquartered agricultural specialist broker FUW Insurance Services grew turnover by 6.8% to £6.44m in the year ended 31 March 2026.
RelatedRural and commercial broker launches in DevonAlan Tate-Smith has launched AMB Rural and Commercial, specialising in agricultural insurance risks, as an appointed representative of FUW Insurance Services.
However, the Top 100 UK broker acknowledged overheads increased through inflation and investment, as administrative expenses rose 9.1% to £5.39m.
Accordingly, both operating profit and profit after tax slipped, the latter down year-on-year from £1.07m to £952,836.
The results, in a filing
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