Commercial broker Moorhouse has been revealed as the fastest-growing broker in Wales, according to an annual survey by the University of Wales: the 2009 Fast Growth 50.
Moorhouse appeared for a fourth year in the survey of 200,000 Welsh firms and was the only insurance broker to be listed among the top 50 fastest growing firms. Moorhouse grew by around 125% between 2006 and 2008 and is the largest independent insurance broker in Wales by a margin of over 30%.
The Wales FG 50 is the brainchild of Professor Dylan Jones-Evans, who is director of Research and Innovation at the University of Wales. Now in its eleventh year, the FG 50 serves as a reminder of the entrepreneurial potential that exists within the Welsh business sector.
Chairman Lyndon Wood said: “The FG 50 is a key barometer of entrepreneurial success in the region and I am honored that Moorhouse has again been counted among Wales’ finest. It is also worth pointing out that competition was extremely tough this year as, despite the downturn, the overall turnover for this year’s top fifty firms is double what it was last year.
“While it is always great to gain accolades and recognition, Moorhouse is not content to rest on its laurels and has set itself some tough targets to further its evolution and growth into the future.”
