Culver Holdings says it is optimistic about the future despite recording a small loss in the first half of 2002.
The group said pre-tax loss was £58,000, down from £1.2m in the same period a year earlier.
Its insurance division made an operating profit of £0.4m on turnover of £1.6m after a significantly improved first six months.
The group operating profit was £21,000, against a loss of £1.2m, before goodwill amortisation and interest.
The group blamed toughening conditions for the disappointing results. The group said it expects a satisfactory result for the full year.
Culver said it remains keen to expand its insurance broking business organically and by acquisition of businesses of a similar profile.
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.
