DNA Financial Solutions, the Yorkshire based finance and insurance broking specialist, has announced record-breaking half-year results as the firm’s CEO attributes “a revised strategy, internal team efforts, and increasingly favourable economic and industry conditions” to its growth in the last six months.
Hugh Spillane, CEO said “a more stable base rate” and “the UK being viewed as a solid property investment location for both UK and non-UK clients” has helped the company predict revenue of over £2 million by the end of its current financial year.
The firm was founded in 2017 as a team of two and received its direct authorisation from the FCA in 2020 as a team of two – now employs over 25 people and has added three new brokers and two case managers to its team so far this year.
Hugh explained: “In the first six months of this year, we have achieved our most successful half-year for completions and already written more than £110m of business, which is more than what we did throughout the whole of 2023.
“By focusing on how we can support a niche set of clients that are largely made up of property investors, business owners, and entrepreneurs, we are generating long-term partnerships with them that drive repeat business and see us become important and trusted advisors to help our clients achieve their personal and professional goals.”
“This, combined with increasingly more favourable economic and industry conditions and people seeking expert support to finance and insure their investments, has seen us experience some significant business growth in the first half of 2024.”
Hugh also said the company has focused on fostering a culture of collaboration and support for its employees to aid growth and attract the best talent.
He added: “Our industry can be tough, but our people are key to the success of our business, and as we grow, we continue to invest to train and upskill our team, as well as ensure they feel supported through a flexible and hybrid working policy, internal collaboration, and regular social events outside of work.”
