Sabre releases steady 2019 interim results

results

Firm head believes brokers have a bright future in motor providing they are aware of their place in the value chain.

Sabre has unveiled its company results for the first half of the year ending 30 June 2019, with a slight fall in profits.

It’s profit before tax fell by £1.5m, reaching £30.5m, compared to the same period last year when the provider hit £32m.

The firm’s combined operating ratio (COR) deteriorated slightly from 68.6% in H1 2018 to 71.5% by the end of this June.

CEO of Sabre Insurance, Geoff Carter told Insurance Age: ‘We are pretty pleased with the results we’ve had this morning, especially in

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