Company results
Coversure reveals 7.9% rise in turnover for year to March 2017
Group CEO Bob Darling pleased with results as profits and GWP also increase.
Adjusted Ebitda hits £79.1m for Ardonagh Group
CEO David Ross says results for the Towergate-owner were strong with positive income and Ebitda growth in the nine months to 30 September 2017.
Broking Break: Your Top 5
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.
Allianz third quarter results hit by large losses
Insurer posts COR of 98.2% for first nine months of 2017.
Inaugural profit for Lorica bosses Marelli and Puttnam
Company delivers £847,000 Ebitda profit for start of 2017.
Turnover grows for Stackhouse Poland
The business bought Lucas Fettes in 2016.
Pre-tax profit grows to £3.2m for Devitt in 2016
Motorcycle broker looking to buy books of business.
Profit slips for Autonet
2016 results reveal cost of acquisition by Towergate-backer HPS Investment Partners and show policies in force increased.
“Challenging conditions” cause Lloyd’s profit slip
Pre-tax profits have fallen to £1.22bn for the first six months of 2017 compared to £1.46bn last year.
The AA hires Simon Breakwell as CEO as profits rise by 35%
Firm's trading Ebitda and revenue remained relatively flat as former Uber boss takes the helm.
Swinton targets becoming largest digital broker in the UK
CEO Gilles Normand says aim is to complete transformation within two years.
Ardonagh Group posts fall in Ebitda but rising income
Firm says one-off costs impacted the results, while its change programme is reaching its final stages.
Brightside revenue drops by £10m in "very tough" 2016
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.
“Transformation” costs Swinton as profits fall
Pre-tax profit drops £4.4m to £11.5m as turnover also decreases to £222.8m from £265.4m.
Treloar hails "excellent" results for LV in H1 2017
MD for general insurance states insurer will be the "go-to destination" for personal lines brokers following deal with Allianz.
Pre-tax profit jumps at BGL for 2017
Group reports 14% rise in underlying revenues.
BHIB profit drops 10%
Turnover also declined with the broker citing market conditions, soft rates and competition.
Das reflects on 2016’s £17.4m loss
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”.
Sutton Winson reveals rising profits
Broker posts rise in turnover to £8.25m for the year ended 31 March 2017.
Operating losses grow to £17.4m for Das in 2016
Figures show growth in GWP but COR remains north of 100%.
Quizzical questions: 25 August 2017
Test your knowledge of the week's news with our topical quiz.
Clear plots buying spree to double GWP by 2022
Up to 18 commercial brokers could be bought within the next five years.
Ecclesiastical's pre-tax profit surges with investment returns in first half of 2017
Underwriting profit declined to £9.6m while the combined operating ratio slipped to 90.5%.
Lark boosts profit ahead of Aston Scott merger
The company reported increased profit after tax of £5.47m.