BMS Group’s 2009 results show a rise in underlying profit to £9.2 million. Revenues rose 10 per cent to £46.9 million and brokerage per employee rose by 22 per cent in the original currency.
‘Despite the economic difficulties in the global economy last year,’ says Hugo Crawley, chairman of BMS, ‘the portfolio of specialist businesses that make up the group meant that we fared better than most.
‘We believe we are well placed to achieve our goal of doubling the business by 2015,’ adds Crawley. ‘Our focus on restoring choice and high service levels to large and mid-tier businesses that have suffered reductions in attention and responsiveness as a result of the commoditisation of the broking sector are starting to bear fruit.
‘We have added several new clients and are attracting new teams keen to work in a practitioner-led culture where they have the autonomy to run their own business, invest in client service, and participate directly in the success that they have helped to generate.’