1ST CENTRAL reports a turnover of almost £100 million up 70 per cent year on year
First Central Insurance Management Ltd, the UK broker arm of First Central Group, has sold its three millionth policy since launching nine years ago, following a highly successful year of business growth.
The car insurance provider, which employs over 650 employees in Haywards Heath and Manchester, has reported a turnover of almost £100 million, up by 70 per cent year on year, and increased profit by more than 300 per cent year on year from £1.1m to £4m.
This record milestone for 1ST CENTRAL comes as the business reports over 430,000 live policies and a period of continued investment into the company. 1ST CENTRAL has strategically refocused its claims and counter fraud services team, enabling the business to provide an improved and more efficient service to customers, and support the planned growth of the business for 2017 and beyond.
As a result of this growth, 1ST CENTRAL’s Manchester office has seen tremendous success since its opening and now employs over 180 people at its Exchange Quay hub.
1ST CENTRAL has been recognised in the insurance industry as one of the top insurance brokers in the UK and during 2017 has achieved a multitude of award shortlists.
Andy James, UK CEO commented: “We are thrilled to have insured our three millionth customer in under 10 years and in the same year, report double digit growth. This is testament to our customer care delivered by employees and our focus as a business to ensure quality cover and service at a competitive price.”