Broker Direct Plc
Overview
Broker Direct Plc (BD) is an insurance management services and underwriting agency offering product development, distribution, underwriting analysis, premium administration, full claims handling facilities and sophisticated management information. BD has an agency base of approximately 1000 brokers with over 1500 locations, over 700 of which are shareholders in the Company. BD started with Private Motor insurance but has developed into Light Commercial Vehicle, Household and now has a growing number of Commercial Insurance Products. All business lines are transacted electronically. The Company also offers its services "unbundled", distributing other insurers' product to its agents and operating beyond its agency base in various Third Party Administration arrangements. BD therefore currently competes in the market place in the following ways: * Development, distribution and control of BD's own products for which external capacity is provided by insurers * Distribution of other Insurers or Underwriting Agencies' products where underwriting and pricing are the responsibility of the insurer or underwriting agency. These are either badged as BD products or retain the insurers product identity. * Third Party Administration arrangements for distribution into an insurer's chosen agencies.
Historic Prices
Last 10 auctions
| Next auction date | Indicative price | Highest bid (p) | Lowest offer (p) | Market type | Auction frequency | Next auction time |
| 17 Sep 10 | n/a | n/a | 50.00 | Open | Monthly | 2:00pm |
Announcements
| Title | Date |
| Share Trading - End of Close Period | 06 Aug 10 |
| Share Trading - Start of Close Period | 01 Jul 10 |
| Restructuring | 10 Jun 10 |
Report & accounts
| Title | Date |
| Interim Results to June 2010 | 06 Aug 10 |
| Report and Accounts to December 2009 | 10 Jun 10 |
| Interim Results to June 2009 | 06 Aug 09 |
Fundamentals
| Year ending | Sales (£m) | Pre-tax profit (£m) |
| 31 Dec 2008 | 25.1350 | 2.1841 |
Directors
| Name |
| Roy Green (Executive Chairman) |
| Terry Stanley (Chief Executive Officer) |
| Iain Gray (Operations & Finance Director) |
| Barry Fehler (Non Executive Director) |
| Neil Harris (Non Executive Director) |
| Kedric Rhodes (Non Executive Director) |
Website
www.brokerdirect.co.uk
