Brightside expects to meet stock market profit expectations
Brightside Group has announced that it expects to meet stock market expectations of £6.5m-£7m in profits after tax for the year ended 31 December 2010.
Ahead of the results, due in Spring, the Bristol-based broker said it had traded very strongly during the second half of the year and that year on year insurance policy sales were up by 68% with all personal lines businesses growing ahead of plan.
Paul Chase Gardener, chief executive of Brightside Group, told Insurance Age that 2010 had been a big step forward for the company. "The core van business where we started has gone very well. On a daily basis we are doing new business and renewals at
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