Profit Jump for Thomas Carroll


In its 45th year, insurance, risk and wealth management Group, hits £1.5m profit before tax as turnover grows to £9.6m.

Thomas Carroll Group plc, announce continued expansion with turnover growth of 7.4% over the previous year for the year ending 31 December 2016. Recently published figures include £2m of new client income and 93% retention of existing clients.

Founded in 1972, the first Thomas Carroll office opened its doors in Queen’s Arcade Cardiff with the first year’s trading accounts showing a profit of £506.91.

Today, with offices in Caerphilly, Swansea, Haverfordwest, Hereford and London, Thomas Carroll is one of the UK’s leading independent and Chartered providers of insurance broking, financial planning and health & safety.

John Moore MBE, Chairman of Thomas Carroll Group said:

“It is an exciting time for the group with our reputation, brand and business results continuing to reflect well on our committed client service delivery and the expertise of our good people.

Our partnership with the leading UK insurers, Barclays, Watts Gregory, JCP Solicitors, Hugh James Solicitors and Capital Networks all recognised and appreciated.

Most importantly, my thanks to the many clients that with confidence, continue to offer us instructions.”

Chief Executive Officer, Rhys Thomas said:

“Our team is our greatest asset and recipe for success. We are always looking to attract, retain and engage talented people with our employee benefits packages, share options and family culture.

Thomas Carroll keep an eye on the future with succession planning playing an important part of our strategy - we have a growing graduate training academy to encourage the next generation.

We actively reinvest in the company by developing our people to maintain and exceed service levels for our clients.”