LifeSearch unveils 2019 business growth

Jessica Nangle

March 13, 2020

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LifeSearch recorded a year of growth in 2019 following an increase in the number of families it protected.

The results for the year to 31 August 2019 show turnover, gross profit and EBITDA grew by 28%, 29% and 53% respectively, higher than the 10% growth in profits seen in 2018.

Over 100,000 families were protected by LifeSearch during the year, representing an increase of just under 22% on the previous year.

A newly launched website in November 2018 aided a 48% year-on-year rise in website visitors for LifeSearch.

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 and operational efficiency.

“We continue to empower our people to take personal responsibility and great care in their roles, helping everyone to feel personally invested in the business.

“This filters through to every individual we help protect, resulting in consistently high levels of positive customer feedback and retention.

“Therefore, I am delighted that this year we have been able to reward our people with the highest ever partnership dividend, paid to every employee after three years’ service.

“Our strong and dedicated teams along with our position as the business partner of choice for the UK’s leading brands in protection enable us to continue to successfully deliver on our purpose as a business – to help financially protect as many families as we can, in the way we know is best for them.”

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