Lucida retains turnover secure in 2023 however Ebitdae dips – Insurance coverage Age

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Lucida keeps turnover stable in 2023 but Ebitdae dips - Insurance Age

Motor specialist dealer Lucida has posted flat turnover of £47.59m for 2023.

The outcomes for Lucida Broking Holdings, filed at Corporations Home, confirmed a 1.4% improve on a like-for-like foundation.

Automobile-focused subsidiary Proper Alternative Insurance coverage Brokers achieved an 8% improve in turnover with a stability of rising premiums and decrease coverage gross sales resulting in a ten% rise in gross written premium to £44.6m.

RCIB additionally delivered £3.4m of turnover from motor breakdown insurance policies – a 12% hike on 2022.

Bennetts, purchased in 2021, contributed £18.6m of turnover from motorbike insurance policies. This was

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