Prices and volumes rise. Revenue up 24%, profit up 33%

Brightside has reported H1 policy sales grew by 20.1% leading to a 24% rise in revenue and pre-tax profit up 33% from £3m to £4m.

It said Quota Marketing increased the number of leads generated by 49% to 92,430 and that funding availability for premium finance increased by 333% to £26m.

But it also said: “Trading in our core insurance markets has been buoyant as motor insurance rates have surged in the 2nd quarter of 2010 with year on year increases exceeding 20%. We expect further upward rate pressure to occur in the second half of the year.”

H1 highlights (2009 in brackets)

  • Revenue £26.6m (£21.4m)
  • Pre-tax profit £4.0m (£3.0m)
  • Net profit margin 10.3% (9.7%)

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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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