Thomas Carroll announces £1.5 million profits

Turnover grew 7.4% to £9.6 million

Thomas Carroll announces £1.5 million profits

Insurance News

By Terry Gangcuangco

With turnover growing to £9.6 million, independent insurance provider Thomas Carroll has posted £1.5 million in pre-tax profit.  

The 45-year-old firm cited continued expansion with turnover growth of 7.4% over the previous year, for the year ending December 31, 2016. It said recently published figures include £2 million of new client income, as well as 93% retention of existing clients.

Thanking their clients, Thomas Carroll Group chairman John Moore MBE described it as “an exciting time” for the group. “Our partnership with the leading UK insurers, Barclays, Watts Gregory, JCP Solicitors, Hugh James Solicitors, and Capital Networks all recognised and appreciated,” he noted.

For chief executive Rhys Thomas, their team is the “greatest asset and recipe for success”. He said they actively reinvest in the company by developing their people to maintain and exceed service levels for clients.

Thomas added: “We are always looking to attract, retain, and engage talented people with our employee benefits packages, share options, and family culture.”

An independent provider of business insurance and personal insurance broking, financial management, health & safety, and employment law consultancy, Thomas Carroll has offices in Caerphilly, Swansea, Haverfordwest, Hereford, and London.


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