Profit down 23% and revenues drop 21% amid fewer accidents
Ai Claims Solutions’s profits were £858,000 for the half year to December 2011, down 23% from £1.19m for the same period in 2010.
The firm’s revenues for the last half of 2011 were £47.5m, down 21% from £60.1m for the same period the year before.
Ai Claims chairman Steve Broughton said: “Ai Claims has delivered a creditable first-half performance in challenging market conditions.”
The drop in revenue comes from warmer-than-average winter weather as well as fewer accidents and reduced time needed for repairs, he said.
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.
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