KFI reaps benefit of non-motor book growth
For sale-intermediary Kwik Fit Insurance's move away from its motor heartland helped it increase pre-tax profits by 24% to £10.93m in 2009.
According to its 2009 annual results, the intermediary's non-motor policies generated 45% of the total revenue for 2009 compared to 39% in 2008, with the household book growing 27% year-on-year
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