Swinton profits down to £11.5m as 60th year is one of change
Swinton Group - the insurance broker founded in Manchester 60 years ago - has seen turnover and profits fall as changes in consumer behaviour have forced it to change its model and invest in digital.
The company, which has seen 90% of its consumers migrate to renewing their insurance policy online or over the phone, says it made substantial progress in improving and modernising its business last year, leading to a pre-tax profit of £11.5m (2015: £15.9m) on turnover of £222.8m (2015: £265.4m) to the end of December 2016. Opera... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
