Hercules Property Services, the property and insurance consultancy that includes Deacon Insurance, posts a 21% rise in pre-tax profits to £2.45m in the last six months of 2000, compared to the year before.
Turnover increased 62% to £15.7m and operating profit was up by 33% to £2.98m after a goodwill write-off of £591,000.
In December 2000, the group completed the £20m acquisition of FMW Group, which owns Farr, a specialist UK housing insurance intermediary.
Farr places insurance for more than £30bn worth of property, equating to approximately 35% of UK's Housing Association and Registered Social Landlord market.
Deacon and Farr now insures property worth just under £50bn.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
