Despite its annual premium eroding by 65% during the Covid-19-related lockdowns, the business is now ‘on track’ to achieve 30% ahead of budget
As a “financially young” business, commercial wheels broker McCarron Coates was concerned that it didn’t have the cash reserves compared to bigger brokers to withstand the Covid-19 pandemic. However, despite it being difficult at times, the national lockdowns “highlighted our capacity to adapt” and find other areas for success, said the broker’s director Ian McCarron.
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