A-Plan mulls over branch expansion as profits approach £20m

A-Plan Insurance branch

High street broker A-Plan, has delivered nearly £20m of operating profit for the year ended February 2011, up from £16.79m last year.

The results also showed that the broker now controls over £50m in premiums, an increase of over £4m on 2010 and that directors’ remuneration topped £1m for the first time.

In a statement filed at Companies House, A Plan's directors said: "Despite the market challenges the company successfully relocated three branches to better sites and opened two new branches in the year.

"[There are] several more in the pipeline, which will begin to make positive contributions to operating profit within the

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