Chief executive Paul Chase-Gardener says 2009 was a 'landmark'

Brightside boosted its revenue by 35% to £44.7m and pre-tax profits increased from £4.4m to £6.6m.

The West Country-based insurance outfit increased earnings before interest, tax, deprecation and amortisation by 26% to £9.7m last year, compared to 2008.

Its 2009 preliminary results show earnings per share increased by 52% to 1.41p.

Brightside chief executive Paul Chase-Gardener said: "2009 has proved to be a landmark year for Brightside both in terms of its organic growth and its successful placing.

"These financial results act as a sound foundation to expand our existing divisions and to pursue new product areas. Our approach to broking and distributing insurance products can very effectively be applied across other areas of insurance as we are demonstrating with eLife."

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