Northern Ireland broker AbbeyAutoline achieved double digit growth in turnover and profit in 2023.
The figures, in a filing at Companies House for Abbey Insurance Brokers, revealed turnover jumped from £27.97m to £31.38m as Ebitda surged 27% to £9.1m.
AbbeyAutoline was created in 2020 when Abbey’s parent company Prestige Insurance Holdings brought it together with Autoline, which it had snapped up in 2018.
RelatedAbbey boosts profits by 15% in 2022
Abbey Insurance Brokers, which trades as AbbeyAutoline, grew post-tax profit by 15.2% to £2.6m in 2022, with turnover also rising.
Profit after tax
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk