Swinton makes record profits in 2005

Personal lines specialist Swinton has hailed growth in its household book, after the broker reported...

Personal lines specialist Swinton has hailed growth in its household book, after the broker reported record trading profits of £29.6m for 2005. Profits rose by 27.6% from £23.2m in 2004, while its gross written premium went up by 8.2% to £436.8m. Patrick Smith, chief executive of Swinton, said: "We will continue to look at potential acquisitions to provide further growth, however, we believe that there remains significant opportunity through organic growth."

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