Profits and turnover shrink at CDL in 2019

cloud-computing-technology

CDL Group has reported a 5.1% fall in turnover to £52.9m along with a 31.4% drop in post-tax profit to £4.7m for the year ended 30 September 2019.

It is the first time the company has seen a fall in turnover since 2001.

Commercial director Nigel Phillips, told Post the reduction was primarily due to challenges in the economic and political

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

Q&A: Chaz Perera, Roots Automation

Chaz Perera, CEO and co-founder of Roots Automation, tells Insurance Post about the firm’s generative artificial intelligence model specially trained for insurance InsurGPT and the challenges in the industry this technology is primed to solve.

How AI is reshaping insurance in 2025

Rory Yates, global head of strategy at EIS, Kennedys IQ chief products officer Karim Derrick, Paul O’Brien, chief AI officer of Davies, Charles Clarke, group vice-president of Guidewire Analytics, and Hiscox chief technology officer Ian Wrigglesworth explain how artificial intelligence is pumping the pistons of insurance in 2025.

Big Interview: Ursula Gibbs, Compare the Market

To mark International Women’s Day 2025, Insurance Post sits down with Compare the Market’s chief commercial officer, Ursula Gibbs to talk through her career to date, how insurance enticed her away from university, and how curiosity was critical to her success.

How to build an insurer that’s ready for 2030

View from the Top: Carys Lawton-Bryce, chief operations officer at Markel International, explores how insurers can navigate an evolving landscape shaped by shifting market cycles, AI-driven transformation and the growing imperative of resilience.

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