Be Wiser sees falling profit before tax
Broker also reports increases in turnover and number of policies.
Be Wiser Insurance Services has reported a drop in profit before tax to £1.75m for the year ended 31 May 2015, according to its financial results.
The broker's profit before tax for the preceding year was £2.18m.
However, the company also reported an increase in turnover to £28.2m from £25.9m in 2014 and it said it had also increased its number of policies over the year from 175,000 in 2014 to 202,000 in 2015.
Be Wiser further stated that its balance sheet net assets were up to £1.75m this year
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk