A&A Group moves into profit for 2015

arrow-shutterstock-96752269

Group CEO Tony Allen hails “greatly improved” results for the broker and its parent company.

A&A Group made a profit of £869,000 for the year ending 31 December 2015 and an operating profit of £515,000 following losses in 2014.

This compares to an operating loss of £2.5m and a loss before tax of £391,000 in 2014.

Overall turnover grew to £18.5m (2014: £16.3m). In 2014 the business said that that 2014 performace was improved on 2013.

Effort
Broking CEO Sharon Beckett noted: "The 2015 financial results are testament to the huge amount of effort that has gone into redefining the core ethos

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Polaris at 30 – Ray Vincent

As insurance industry owned Polaris celebrates its 30th birthday, Insurance Age asks experts for their recollections on the dawn of digital trading and what is coming next.

JMG in quadruple deal swoop

JMG has snapped up four brokers, adding additional expertise in high-net-worth, commercial, motor trade, technical and specialist consultancy services to the Yorkshire-headquartered group, Insurance Age can reveal.

FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: