The results for this year's BRW Fast 100 are in and Elliott Insurance Brokers was keen to stay on the list after ranking 52nd fastest growing companying in Australia last year.
This year, Elliott Insurance Brokers came in at 53rd fastest growing company in Australia!
With the current low risks in the insurance sector, many brokers have been downsizing or seeing minimal to negative growth. But not Elliott Insurance, our strong customer and future focus has given us a growth rate that has performed amongst the fastest growing companies in Australia.
To be recognised as one of Australia's fastest growing companies for consecutive years has shown that our business model and team is what sets us apart from other insurance providers.Our turnover is generated from our clients voting with their feet that our offering continuing to stay ahead of the market.John Elliott
The economic downturn, particularly in the mining and resources sector has devastated Western Australia's representation in the list with only 3 of the top 100 from WA and only 1 before Elliott Insurance Brokers.
When asked what aspect of the business had enabled this level of sustained growth, John Elliott, CEO and founder of Elliott Insurance Brokers said that the protection of the business through a diverse client base and research into new ways of broking was one of the key factors for growing a secure business.
The insurance industry has a potential to be disrupted in the way our products and advice are delivered to clients, this is not a threat but a massive opportunity to create the change and disruption in our industry. Instead of falling victim and fighting against change like the taxi industry has against Uber, we would like to be one of the organisations leading the charge in the Uberfication of our industry.John Elliott
Elliott Insurance continue to expand their operations through the growth of their Authorised Broker model and the expansion of their business through a combination of acquisition and organic growth.
Read the full story on BRW's website.