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Insurance Breaking News | Home & Auto Insurance

Coversure opens workplace in Citadel Donington

Coversure opens workplace in Citadel Donington


Dealer opened three new branches in 2018.

Coversure Insurance coverage Providers has opened a brand new franchised workplace in Fort Donington.

The brand new department began buying and selling on the finish of December 2018 and introduced the enterprise’ complete variety of workplaces to 93.

This adopted the openings of latest workplaces in Falkirk in January and Cannock in April 2018.

MBO
In Might final yr, chief government Bob Darling and the administration staff of Coversure accomplished a administration buyout backed by personal fairness agency Livingbridge.

In an interview with Insurance coverage Age Darling defined that the dealer was to help its franchise holders in making acquisitions following the MBO.

Coversure famous it plans to open extra excessive road workplaces in 2019, with the purpose to ship native providers to extra communities.

Progress
Sarah Darling, managing director of Coversure, commented: “Workplaces are on the coronary heart of Coversure, and the truth that we’ve established three new sustainable companies this yr exhibits how a lot clients nonetheless worth a excessive road service.

An area unbiased dealer is a real asset to the group and we will be opening extra within the coming years as they provide a implausible path to worthwhile progress.”

In its newest set of monetary outcomes for the yr ended 31 March 2018 Coversure reported an 11% progress in turnover and a rise in revenue after tax to £1.17m.

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