Brokers have delivered a double top spot to Amazon in this week’s top five most clicked on stories. Also on the list are a big name departure, an acquisition and insurer results.
Insurer posts COR of 98.2% for first nine months of 2017.
Company delivers £847,000 Ebitda profit for start of 2017.
The business bought Lucas Fettes in 2016.
Motorcycle broker looking to buy books of business.
2016 results reveal cost of acquisition by Towergate-backer HPS Investment Partners and show policies in force increased.
Pre-tax profits have fallen to £1.22bn for the first six months of 2017 compared to £1.46bn last year.
Firm's trading Ebitda and revenue remained relatively flat as former Uber boss takes the helm.
CEO Gilles Normand says aim is to complete transformation within two years.
Firm says one-off costs impacted the results, while its change programme is reaching its final stages.
Ebitda also fell in 2016 to £3.9m from £7.0m but CEO Mark Cliff insists that the first half of 2017 has seen an uptick in numbers.
Pre-tax profit drops £4.4m to £11.5m as turnover also decreases to £222.8m from £265.4m.
MD for general insurance states insurer will be the "go-to destination" for personal lines brokers following deal with Allianz.
Group reports 14% rise in underlying revenues.
Turnover also declined with the broker citing market conditions, soft rates and competition.
CEO Andrew Burke says business is now in “growth phase” of turnaround but admits that some job losses cannot be ruled out as it seeks to “rationalise expenses”.
Broker posts rise in turnover to £8.25m for the year ended 31 March 2017.
Figures show growth in GWP but COR remains north of 100%.
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Up to 18 commercial brokers could be bought within the next five years.
Underwriting profit declined to £9.6m while the combined operating ratio slipped to 90.5%.
The company reported increased profit after tax of £5.47m.
Shutting the Kwik Fit Glasgow office cost the business £27.2m.
Aquisitions, profits, gadgets, people moves and complaints hit the headlines this week and make up the top five most popular stories.