MMA reports strong profits
Last year, insurer MMA had a record operating profit of £19.7m, up from £15.9m in 2004. MMA chief ex...
Last year, insurer MMA had a record operating profit of £19.7m, up from £15.9m in 2004. MMA chief executive, Garry Fearn commented: "Particularly successful in 2005 was the MMA extranet broker online service, which has now become by far our main route to market for new business for all our non-volume classes of business. We will continue our strategy of developing property-led classes, accepting that, at least for the moment, private motor will have a decreasing share in our portfolio mix." The
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