Insurance outsourcer’s executive pay reflects strong performance
Insurance outsourcer Quindell Portfolio chairman and chief executive Rob Terry’s executive pay doubled in 2012, according to the firm’s annual report.
Terry earned £890,000 last year, up from £407,000 in 2011. Terry’s basic salary leapt from £114,000 to £402,000, and he had a £488,000 bonus.
Quindell financial director Laurence Moorse got a total 2012 pay packet of £342,000, up from £130,000 in 2011.
Quindell increased its 2012 earnings before interest, tax, depreciation and amortisation (EBITDA) by 681% to £52.2m (2011: £6.7m).
Quindell’s gross sales rose to £171.9m (2011: £13.7m) and revenue to £137.6m (2011: £13.7m).
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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