Profit and turnover up at One Broker as firm eyes acquisitions

Money

One Broker has posted a 21.2% rise in Ebitda to £2.15m in its latest set of annual results driven by schemes success.

The figure for the year ended 31 May 2021, up from £1.77m in 2020, came as turnover also increased to £6.85m from £6.73m in the prior year.

Post-tax profit also leapt year-on-year from £329,807 to £532,319.

In the filing at Companies House the Norwich-headquartered firm noted that the increases were despite the fact that the coronavirus pandemic had “decimated” its foreign language school and and foreign student travel schemes during the period.

The business was also hit by a five-fold

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

Antares unveils UK MGA focused retail division

Antares Global Management, formerly known as QIC Global, has rolled out a restructure of its underwriting operations with a new retail division to back managing general agents and a commercial division.

Nathan Adams joins Lloyd’s from Aviva

Nathan Adams has been appointed Lloyd’s chief people officer joining early next year from Aviva where he held a number of senior roles having worked at the insurer since 2014.

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: