Jelf’s insurance EBITDAE rises 14%
Broker Jelf said its insurance sector revenues were up 4.5% to £44.8m (£42.9m) with its insurance EBITDAE up 14% to £4.9m (£4.3m). Jelf said insurance accounted for 62% of its business.
Overall, revenue increased by 2% to £72.1m (£70.4m) and EBITDAE increased by 3% to £10.1m (£9.8m). Jelf said it had slashed its debt down to £3.0m (£7.3m)
Jelf said insurance new business in 2011 was
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