BGL: no plans to float as pre-tax profits increase

Peter Winslow BGL

BGL Group chief executive Peter Winslow has stressed the intermediary still has no plans to seek private equity backing or float, despite noises from rivals including Hastings Direct.

Mr Winslow, speaking to Post as the group recorded a pre-tax profit of £62m for the year ended 30 June 2010 (2009: £54m), said the company was "cash generative" and will not look to make

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

Biba’s Trudgill on managing change

Trade Voice: Looking ahead to 2025, British Insurance Brokers’ Association CEO Graeme Trudgill says brokers should see enormous changes on the horizon as an opportunity rather than a threat.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here