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May 1, 2008updated 12 Apr 2017 12:05pm

Record growth at Helphire

Helphire, the non-fault accident management assistance and related services company, recorded a growth in turnover of 49 per cent to £290.3m for the first six months of 2007, up from £195.4m for the same period in 2006 and a gross profit increase of 42 per cent from £81.4m in H1 2006 to £115.2m in H1 2007

By Katherine Gregory

Record growth at Helphire

 

Helphire, the non-fault accident management assistance and related services company, recorded a growth in turnover of 49 per cent to £290.3m for the first six months of 2007, up from £195.4m for the same period in 2006 and a gross profit increase of 42 per cent from £81.4m in H1 2006 to £115.2m in H1 2007.

Founded in 1992, Helphire provides replacement vehicles after accidents and provides a host of insurance services, including covering legal expenses, theft policies, claims handling facilities and accident management solutions.

The company also experienced a 34 per cent increase in hire volumes to £148bn, a 33 per cent increase in credit repair cases to £55bn and a 13 per cent increase in personal injury cases. Helphire plans to further penetrate Europe, and starts this October with expansion into Spain.

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