Company results
GRP’s £68m acquisition spree revealed
Total covers 10 businesses that the group bought in the year to 31 March 2019.
Sure Thing! posts £2.1m loss for 2019
Losses went down for the motor provider in final full year results ahead of Policy Expert buying the broker in June 2019.
GRP reaffirms acquisition strategy despite £17.9m loss
Accounting procedures and acquisition costs blamed as turnover and operating profit grow 48% and 173% respectively.
Cobra Group delivers stable revenue
The organisation reported a loss in the year due to costs relating to the PIB deal but all other metrics showed growth.
A-Plan spends £13m on book acquisitions as revenue breaks £100m
Financial results filed for 2019 show the impact of the company’s acquisitive streak.
David Ross reveals heartbreak after “harrowing” Gallagher v. Ardonagh case
CEO also discusses Ardonagh’s latest set of financial results, organic growth and acquisition plans.
Direct Line Group results outline £50m cost-cutting drive
Restructures costing the business £60m will also take place over the next two years.
Ebitda soars at Ardonagh but losses also rise in first nine months of 2019
Business posts rise in reported income to £505.4m, while loss increases to £67.7m as organic growth hits 4.6%.
Ageas weathers declining non-life business
Motor income ticked upwards slightly but other non-life lines have fallen.
Results dip for Allianz amid claims inflation and Ogden losses
CEO Jon Dye said the business is "still in good shape" despite the slip in performance.
Axa UK reports growth across all business lines
Figures follow an effort to streamline the provider’s operations in the UK and Ireland.
RSA profits increase despite falling premium income
Provider also revealed that it spent £8m restructuring its UK business during Q3.
Profits soar again at Kingsbridge Risk Solutions
Turnover grew 20.4% and profit before tax grew 27.4% at the firm during 2018.
Revenue rises at Seventeen Group in 2018
Business also reports falling profits due to costs related to acquisitions.
TH March reports falling profits
The specialist jewellery broker says results were impacted by an exceptional cost of £289,000 but also highlights "good growth".
One Call's turnover falls in 2018
Doncaster-headquartered broker also reported a small rise in operating profit.
Turnover and profits up at Eldon in 2018
The firm's broking businesses reported growth in income to £68.9m.
AA’s insurance business sees revenue rise
Insurance business shows growth in number of policies in motor and home as broker division adds Aviva to panel.
Profit and turnover up at JCB Insurance Services
Stoke-on-Trent-based broker posts £4.5m turnover for 2018.
Saga profits plummet in all operating areas
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
Ten takes small profit hit due to software house move
2018 results reveal a rise in turnover but a fall in profit at the AR network.
TL Dallas posts turnover and profit growth for 2018
Despite the good news, director Polly Staveley warned of competitive pressures and consolidation.
Lloyd's reveals soaring profit for H1 2019
COR did decline to 98.8% as Lloyd's puts transformation plan in place and vows to tackle sexism at the insurance market.
The 2019 Top 50 Personal Lines Brokers is now available
Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market.