Results impacted by catastrophe claims but provider continues to see broker opportunities from Birmingham base.
Revenue increases by 8% at the broking giant.
Group revenue rises by 11% in the year.
Global giant’s revenue rises 6.6%.
Broker also reveals 30% increase in adjusted Ebitda.
Ida Axling hosts the first show of 2019.
Double digit growth in revenue and Ebitda.
Bob Darling says organic growth continues as demand for advice remains strong.
Boss Mark Bower-Dyke says results were impacted by poor market conditions and unrated insurers charging low prices.
Holding company reports small uptick in revenue.
Turnover and post-tax profit both rise.
Broker highlights strong finances and growing cash position.
Final set of accounts before takeover by private equity.
Software house boosts R&D investment by 10% in 2018.
Ebitda and revenue fall in the 12 months.
Dual pricing – the “crack cocaine” of insurance - was the headline article of the month for brokers.
Consolidator targeting as least as many deals in financial year to 2019 as the 15 it achieved to 31 March 2018.
CEO planning steady expansion of branch network in 2019.
Turnover and profits rise as the broker sees progress across the board.
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Broker looking to digital for organic growth but is also ready to buy.
However Mike Bruce points to 4% organic growth and suggests the business is on track to buy “double digit” businesses, including MGAs, in 2019.
Costs of Gibbs Denley buy knocks profits.
Performance breakdown shows improved retention and new business figures.