Brightside
Brightside swoops for Quote Exchange
Brightside Group has agreed to purchase the entire issued share capital of Quote Exchange Limited for a maximum consideration of £3.7m in cash and the issue of 1,394,700 ordinary shares in Brightside
Brightside still on target despite life arm difficulties
Brightside's broking chairman has insisted the group is on target to meet its general insurance business plan, despite admitting its life offering is "not at the level it had hoped for".
Policy sales up 68% in 2010 for Brightside
Insurance policy sales for Brightside Group rose 67.9% in the year ending December 2010, according to the company.
Brightside broking chairman outlines acquisition strategy
Brightside has confirmed it is considering going on the acquisition trail as the group recorded a pre-tax profit of £4m for H1 2010.
Brightside reports H1 2010 revenue surge
Insurance broker Brightside has posted revenues of £26.6m for the first half of 2010 – an increase of almost 25% year-on-year.
Clydesdale broker push starts off with Panacea
Scottish bank Clydesdale has set its sights on investment in the intermediary sector in a bid to expand its presence in the UK insurance market.
Clydesdale backs Brightside in new deal
Clydesdale Bank Corporate and Structured Finance has completed a senior debt re-financing for AIM listed insurance broker, Brightside Group.
Brightside talks to LV, Axa, Groupama and Fortis about panel move
Brightside is aiming to set up an insurer panel for Ecar and Ebike after confirming plans to acquire them.
Brightside to raise £9m via share-listing for latest acquisition
Broking group Brightside has unveiled a plan to raise £9.0m via the placing of 36m new ordinary shares to fund an acquisition.
Growth plan at Brightside
Brightside has targeted 20% growth in 2010 after posting a record revenue of £44.7m for 2009. Overall revenue increased by 35% (2008: £33.2m).
Brightside delivers £4.7m post tax profit
Brightside Group revenue increased by 35% to £44.7m (2008: £33.2m) in 2010. EBITDA before exceptional items and share based payments expense increased by 26% to £9.7m (2008: £7.7m).
Interview - Arron Banks: The bright side of life
The rumour mill has been in overdrive regarding Brightside over the past 12 months. Daniel Dunkley talks to founder and insurance director Arron Banks about the broker's distinctive approach to the market.
Ebrands look to panel
Brightside insurance director Arron Banks has revealed plans to double the gross written premium of underwriting businesses Ecar and Ebike to over £200m by moving the products to panel arrangements.
Pick of the week
Post reporter Amy Ellis outlines some of the major stories from this week's issue of Post Magazine.
Broker Brightside outlines £20m shopping list
Brightside Group has provided a trading update for the financial year ended 31 December 2009 and outlined how it plans to use the £20m raised in December 2009.
Brightside to collaborate with Met Office
Brightside the first private sector enterprise to advertise on Met Office website.