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Esure CEO Stuart Vann says broker businesses will grow this year

Esure boss Stuart Vann, pictured, pinned his firm's fourfold increase in profits on walking away from bad risks in 2010, raising prices by more than 20% and pocketing £16m of identified fraud savings with the insurer's 33-strong anti-fraud team.

Esure reveals fourfold increase in profit

Insurer Esure has reported an operating profit up more than fourfold to £80.8m (2010: £18.6m) on a combined operating ratio down to 94.6% (2010: 114.5%).

Groupama sale has had "a lot of interest"

Speaking following the publication of Groupama's results for the year end 2011, UK chief executive Francois-Xavier Boisseau admitted that the situation in commercial fleet is "beyond bearable".

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