LifeSearch reports 'significant' growth for 2019

Annual results to 31 August 2019

Adam Saville
clock • 1 min read

LifeSearch’s turnover, gross profit and EBITDA grew by 28%, 29%, and 53% respectively last year

The adviser firm said more than 100,000 families were protected by LifeSearch during the year to 31 August 2019 - an increase of just under 22% - and it made 10% growth in profits seen in 2018. LifeSearch's turnover reached £43,163,441, its gross profit increased to £10,917,165 and EBITDA grew to £3,535,210. It saw 135% increase in profit before tax to £2,389,570. Tom Baigrie, founder and chief executive of LifeSearch, said: "We are very proud of what we have achieved in the last year. It's the result of significant investment in our people, brand, technology, digital infrastructure a...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

COVER readership survey 2025

COVER readership survey 2025

Share your thoughts

COVER
clock 18 July 2025 • 1 min read
COVER Excellence Awards 2025: Shortlists revealed

COVER Excellence Awards 2025: Shortlists revealed

Join us on 11 November, 2025

COVER
clock 17 July 2025 • 5 min read
Mortgage 1st unveils expansion plans amid private investment

Mortgage 1st unveils expansion plans amid private investment

Actively exploring merger and acquisition opportunities

Jaskeet Briah
clock 17 July 2025 • 4 min read