Insurance Sector News: Auger Revenues Up 22% in 2018

Employees at the Wallasey-based insurance supplier Auger are reaping the rewards of the company’s profit-sharing scheme as they celebrate its best-ever year with revenue rising at more than 22 per cent.

All employees have taken home four figure bonuses equating to between 7.5 per cent and 10 per cent of their salaries as annual turnover rose from £7.9m to 9.7m for the financial year.

The specialist insurance supplier for drainage and water pipe claims have posted a record-breaking performance as the company continues to grow and take on new Insurance clients.

Dave Brewster, managing director of Auger, said: “We have always shared our profits with the staff and this year I am delighted to be able to share our record performance with this exceptional team.

“We always go the extra mile for our customers I’d really like to thank all of the staff for their efforts, and one way of making sure their work doesn’t go unnoticed is to reward them financially.

Founded in 1994, Auger has expanded to employ more than 120 people as a specialist serving the UK-wide insurance industry for drainage and water mains claims across the UK with more than 70 highly-qualified engineers on the ground.

As well as attractive salary packages and a profit share bonus, the benefits of working for the fastest growing drainage company in the UK also include a training programme for all staff through the company’s Academy, with the opportunity of qualifications in subjects including engineering, account management and IT.

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