Brightside's insurance broking revenues rise
The group's insurance broker division has reported an increase in revenue to £14.4m
Brightside Group’s insurance broker division has reported a rise in revenue to £14.4m for the first half of 2009, compared to £12.6m for the same period last year.
The insurance broker arm’s profits have increased to £2.2m for the six months ending 30 June (H1 2008: £2m).
Boosted by the acquisition of the eVan policy book from Southern Rock insurance in Q4 of 2008, the group sold 56,073 commercial vehicle policies – an increase of 20% over the same period last year.
Overall the group sold 18,940
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