Announcing the results at its annual conference, the network said along with strong mortgage growth it had added 51 appointed representatives (AR) to its membership, an increase of 22% on 2013.
Life and protection volumes rose strongly with business growing 42% compared to 2013, while general insurance (GI) volumes increased 26% year-on-year.
This year the group plans to develop and update its technology, add an outbound call centre to support its members, revamp its timetable of events and develop a franchise model.
Richard Adams (pictured), managing director of Stonebridge, said: “As both our AR numbers and business volume statistics show we achieved significant growth during last year and we are incredibly proud of all the hard work put in by both our members, advisers and the head office team. In terms of AR growth, Stonebridge has been the strongest performer over the last three years and we want to continue on this upward trajectory which means continually investing in the business in terms of resource and support.”
Adams said the objectives of Stonebridge network would continue to focus on core business of mortgages, protection and GI.
“We will focus on remaining low-risk; we will ensure we deliver all the support our members need; we will focus on quality in order to keep our members safe; and we will continue to have a non-corporate, inclusive approach.”
Stonebridge plans to continue its recruitment drive this year.
