Deal with accident management company worth £10m
Mobile Doctors Group, a providers of medico-legal reports for personal injury claims in the UK market, has won new client contracts worth as much as £10m over the next two and a half years.
The contracts are with ACM ULR and in turn with a firm of solicitors.
Accident management compnay ACM is part of the BGL Group, which is one of the UK’s largest personal insurance intermediaries.
Mobile Doctors said income associated with the contracts was expected to commence towards the end of the current financial year. "The directors believe the total net value of these contracts to Mobile Doctors will be in the region of £10 million over the next two and a half years," it said in a statement.
The win is Mobile Doctors’ largest since it was listed on AIM in July 2007.
The new client contract follows Mobile Doctors’ recently reported full year results in February which included a significant increase in profit and a 22 per cent. growth in revenue.
Matthew Game, chief executive of Mobile Doctors Group, said: “We have started the year strongly and are delighted with our new contract wins with ACM and the firm of solicitors. This highlights Mobile Doctors’ ability to generate significant growth organically as well as via acquisitions."
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