Finance

Devitt grew 10% in run-up to Gallagher sale

Romford-based Devitt Insurance coverage Providers has posted 10% progress in turnover to £14.43m for 2021.

The dealer was snapped up by Gallagher this February in a transfer that marked the consolidator’s entry into the motorcycle and motorhome insurance coverage markets within the UK.

A submitting at Firms Home detailed that Devitt’s put up tax revenue was additionally up forward of the deal rising from £2.56m in 2020 to £3.62m in 2021.

“The expansion in turnover was principally pushed by natural progress from new and present clients,” the motor specialist reported.

The doc revealed that the consumer portfolio had grown by 3

Solely customers who’ve a paid subscription or are a part of a company subscription are in a position to print or copy content material.

To entry these choices, together with all different subscription advantages, please contact [email protected].

You might be at the moment unable to repeat this content material. Please contact [email protected] to search out out extra.

Supply hyperlink

Related posts

nitin gadkari: Bihar bridge collapse: Nitin Gadkari says amazed at IAS officer’s response

newsvault

Iran welcomes US sanctions reduction however says it is too little

newsvault

Leave a Comment