Profit Track 100

This Liverpool broker specialises in niche motor insurance, covering areas of the market not typically targeted by traditional insurers, such as taxi and van drivers and couriers. In 2019, managing director Alan Keating, 54, and director Martin Gowing, 50, led a buyout backed by private equity firm Inflexion, which acquired a minority stake. Profits hit £40.8 million that year. The pandemic saw demand decrease from taxi drivers but increase from areas such as couriers and fast food delivery.

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Company details
Year2021
Rank58
CompanyAcorn Insurance
ActivitySpecialist motor insurer
LocationLiverpool
Annual profit growth50.18%
Latest profits £000s40,787
Latest sales £000s84,326
Staff859
Founded1981
Websitewww.acorninsure.co.uk

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda