Property broker’s income rose 16% in 2012

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Specialist property insurance broker Keelan Westall has announced that its total sum insured is now over £6bn, with an income increase of 16% during 2012.

The firm has attributed strong growth over the past 12 months to the launch of its e-trading platform for residential property risks, and the introduction of new products.

Keelan Westall managing director Wayne Tonge said: “The commitment of a progressive senior management team with a strong service focus, combined with ongoing investment and innovation, has enabled us to grow in the face of a tough economic market.”

The company is set to expand its e-trading platform for residential risks later this year.

Tonge added: “Another major factor in our success has been the introduction of nine new products since 2011, including agility for non-standard risks.

“We’ve recruited people to our underwriting department who have specialist knowledge and are willing to trade, whilst the claims team have successfully streamlined and improved efficiencies.

“These are just a few of the initiatives that have contributed to KW’s success and the £6bn total sum insured.”