Brightside pockets £30m profit while online home policy sales plunge 74%
Insurance broker Brightside has reported a 10% jump in revenue to £43.6m for the six months ended June 2012, and a reduction in external debt of £15m.
However, online home policies plummeted by 74% owing to price increases enforced by product underwriter Aviva.
Pre-tax profit increased by 14% to £8.2m compared with the same period in 2011, net
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