LifeSearch reports 'significant' growth for 2019

Annual results to 31 August 2019

Adam Saville
clock • 1 min read

LifeSearch’s turnover, gross profit and EBITDA grew by 28%, 29%, and 53% respectively last year

The adviser firm said more than 100,000 families were protected by LifeSearch during the year to 31 August 2019 - an increase of just under 22% - and it made 10% growth in profits seen in 2018. LifeSearch's turnover reached £43,163,441, its gross profit increased to £10,917,165 and EBITDA grew to £3,535,210. It saw 135% increase in profit before tax to £2,389,570. Tom Baigrie, founder and chief executive of LifeSearch, said: "We are very proud of what we have achieved in the last year. It's the result of significant investment in our people, brand, technology, digital infrastructure a...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

COVER Protection and Health Summit North 2025: Final call to register

COVER Protection and Health Summit North 2025: Final call to register

27 March 2025 – The Park Royal Hotel, Warrington

COVER
clock 18 March 2025 • 1 min read
84% of firms offering protection in house

84% of firms offering protection in house

The Lang Cat data

Cameron Roberts
clock 11 March 2025 • 2 min read
IPTF launches first 7 Claims Stories video

IPTF launches first 7 Claims Stories video

Guiding a client through a storm

Cameron Roberts
clock 10 March 2025 • 1 min read