Area of interest motor specialist Grove & Dean grew turnover by 2.4% to £18.03m within the yr ended 30 Might 2024 with the dealer’s income rising sooner.
“It was a difficult yr, the [rise] was helped by premium will increase,” CEO Damian Collett informed Insurance coverage Age.
The High 100 UK dealer’s portfolio is predominantly in non-standard autos together with traditional automobiles and motorhomes, nonetheless 15% of income got here from residence insurance coverage with the guide additionally having a non-standard bias, Collet confirmed. The dealer boss additionally detailed the agency closed the monetary yr with 175,000 policyholders.
Revenue
Earnings had been up by all metrics on the Essex-based firm
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