2021 was a particularly successful year Be.Brokers
The company improved the provision of services to partners by raising the level and speed of service.
In a recent survey of satisfaction and evaluation of company services, 127 partners participated, and Be. Brokers received an overall satisfaction score of 8.9 out of 10.
In addition, the results of the financial statements and the growth of its production had the most significant percentage increase in the 5 years of activity in the mediation market.
More specifically:
- Increased insurance production by 41%, exceeding the €15 million
- Increased commission income by 37% to €3.14 million
- Earnings before taxes, interest, and depreciation (EBITDA) increased by 66% to €290,332
- Increased Profits by 77% to €202,178
The comparison with the corresponding amounts in 2017 – 5 years ago – is indicative: Commission revenue from €1.09 million tripled to €3.14 million in 2021, and profits before taxes and depreciation from losses of €481,897 turned in a profit of €290,332.
The financial results of 2021, a difficult and demanding year, form the basis for the company’s further development in 2022.
It is estimated that commission income will reach €4 million, proving that despite the adverse economic conditions, Be.Brokers are attracting new partners as more and more people trust her, having now passed 700 active partnerships with insurance agents.
