Be Wiser stems losses in 2019 results
Broker posted a loss of £669,000 for 2019 as it projects a return to profitability in 2020 as a result of streamlining and reorganisation.
Be Wiser has published reduced losses in its full year results for 2019.
The broking group made a loss of £669,000 in 2019, an improvement from the £2.19m loss recorded in 2018. This is despite turnover falling from £26.1m to £21.8m over the same period.
Mark Bower-Dyke, chairman at Be Wiser, told Insurance Age: “We reduced staff numbers, we looked at our marketing budget, and basically looked at the structure of the business as a whole.
“We’re looking to grow and get ourselves into a
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