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.
Business posts loss of £48.9m along with income growth.
GWP and policy numbers both increase.
Manchester-based broker posts soaring profits.
But the provider, which recently announced a restructure, revealed falling GWP for the first nine months of 2018.
The Q3 results reflect impact of joint venture with LV as commercial lines remains stable and personal lines boosts performance.
CEO confirms plans to buy more businesses next year.
Group hit by a one-off redundancy cost of £259,000 after 60 people lost their jobs.
Business seeking small to medium brokers who need a succession plan.
The company said investment in its brokerage brands, such as Go Skippy, helped with the 64.1% increase as expenses rise in-line with income spike.
Documents show the Wilson price tag was £44.9m.
Profit and turnover rise in 2018.
Group’s revenue drops by 12%.
Despite recent losses CEO Andrew Burke said the business is on the right path and has put Asplin fraud case behind it.
Market experts predict more insurers will follow in RSA's footsteps and pull back from unprofitable business lines.
Turnover also dipped at the broker, which is set to be bought by Ardonagh, as number of live policies fell to 1.6m.