2009 Profit Track 100
Rank: 9 Giles Insurance
Established in Scotland in 1967, this insurance broker is now headquartered in London, with offices in 45 locations across Britain. Giles Insurance claims to negotiate and purchase policies worth more than £300m in premiums each year on behalf of individual and business customers. The company has grown rapidly through acquisition, making 50 purchases in the past decade. In March 2008, Charterhouse backed a £185m secondary buyout from Gresham, led by chief executive Chris Giles. Profits have grown 103% from an annualised £631,000 in 2004 to £5.2m in 2007.
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|Profit growth||102.50% pa|
|Location of HQ||Central London|
* = annualised figures
‡ = draft accounts