The growth has been delivered through Brightstar’s core specialist distribution business and Sirius Property Finance.
The Brightstar Group has confirmed a record year in 2019, completing nearly £1.2bn throughout the year.
This represents a 13.6% increase on 2018 completions.
Brightstar delivered a 26.5% increase in new business and 10.9% growth in turnover to £9.22m, which meant that the specialist distributor was able to achieve a 27.1% increase in pre-tax profit on 2018.
The growth has been delivered through Brightstar’s core specialist distribution business and Sirius Property Finance.
Rob Jupp (pictured), group chief executive at The Brightstar Group, says: “Much of 2019 was shrouded by a cloud of political uncertainty, which certainly dampened activity in the market.
"So, it’s particularly pleasing that the Brightstar Group was able to record its strongest year to date set against this difficult backdrop and this is testament to the dedication and quality of our fantastic team.
“We have a great foundation to build upon as we move into 2020 and have already recorded our best January on record, with completions up by 26.1% on last year.
"The industry as a whole is in a great space, particularly in the specialist sectors and we will continue to invest in educating consumers and introducers as we look to grow the market and therefore the opportunity for brokers.”
