Corporate insurance brokers deliver again
INSURANCE brokers the Romero Group have tripled in size in the last five years according to their chairman, Justin Romero-Trigo, and have had a stellar 2015 to cap it off.
Annual results to 30 April 2015 showed that group commission and fee income now stands at £9.3m, up 21.3% on the previous 12 month period.
Net profit for the Leeds-based group also increased from £742,881 to £1.3m – a 68.3% increase over the previous 12 months.
EBITDA also saw a healthy increase from £1.05m to £1.58m – a 50.9% increase on the same period the year before.
Chairman Justin Romero-Trigo said: “We are really pleased with these results, coming off the back of similar growth in previous years. I’d like to thank the hard work put in by my team at all levels that has delivered these results.
“It is amazing to think that with no acquisitions we have tripled in five years. This clearly shows what can be achieved if you stick to your plan and work with a fantastic team of people’.
The group now employs around 140 staff across four offices.
