Accident management firm Bristol & London saw profits slump by more than 50% in the first half of 2004.
Pretax profits at the prestige car specialist dropped from £1.3m in the first six months of 2003 to £0.6m this year. Turnover fell from £4m to £3.8m in the same period.
Executive chairman Bob Woods said: "We've had an exceptionally challenging six months and the board is committed to getting back on track.
"We're investing in our sales force, further incentivising our network of referrers and have improved motor insurer protocols and rates."
The company also announced the appointment of new finance director Lewis Ross. He replaces Andrew Daw, who resigned in June.
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.
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.
