Lycetts grows turnover and working revenue in 2023 – Insurance coverage Age

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Lycetts grows turnover and operating profit in 2023 - Insurance Age

Newcastle-headquartered Lycetts grew turnover by 15.8% to £25.1m and working income by 20.7% to £3.77m in 2023.

The figures, which exclude Lycetts Threat Administration Companies and Lycetts Monetary Companies, had been pushed by sturdy gross sales development and acquisitions, the Prime 100 UK Dealer reported.

Offers within the yr included BBA Insurance coverage Companies’s guide of enterprise, and the mixing of Robertson-McIsaac and of GD Anderson & Co, which was purchased in April 2022.

Lycetts specialises in farm and property insurance coverage and in addition offers bespoke monetary providers, family, business and bloodstock insurance coverage recommendation. It has

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