Seventeen Group lifts turnover in 2023
Seventeen Group boosted turnover by 21.8% to £45.31m in 2023 on the back of acquisitions and organic growth, as it trimmed losses compared to the year before.
The business consists of four units – James Hallam Insurance Brokers, Isle of Man-based broker Kestrel Insurance Services, managing general agent Touchstone Underwriting and London Re, a joint venture with MRH Trowe delivering a Lloyd’s broker based in Dusseldorf with a branch in London.
The group struck six deals in the year (see box).
Deals in 20231 June – AIM Risk Services, previously an appointed representative of James Hallam
13 July – travel sector specialist McGregor Insurance Services
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