Across the board uplifts at Avantia
Avantia Insurance delivered double digit increases in turnover and post-tax profits in 2023, repeating the achievements of previous years.
The home insurance specialist’s turnover leapt 16.9% to £38.04m as profit after tax rose 10.4% to £11.12m.
The business had achieved the twin double-digit growth feat in 2022 and 2021.
The broker flagged enhancing pricing, underwriting and data analytics capabilities among the reasons for growing “strongly”.
StrongIn a filing at Companies House, Avantia also highlighted the growth was driven by “strong progress” in new business revenues.
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