ERS chief looks for further growth after return to profit
Ian Parker confident about continued support from private equity owners Aquiline.
ERS' CEO Ian Parker expects further growth after the business posted its first profit in five years, and the continued support of Aquiline - the private equity firm that owns the provider.
The specialist motor insurer made a profit of £8.3m in 2014 which represented a rise of £28m on the loss it recorded in the previous year.
Parker said the turnaround reflected the hard work of everybody involved at the business since Aquiline Capital Partners completed the purchase of the firm in May 2013.
"We
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