Mersey insurance firm sees profits rise 26% to £23.3m

Summary

Merseyside insurance firm Paymentshield has seen an impressive 26% rise in annual pre-tax profits as it reduces administrative expenses by 25%.

One of the biggest employers in Southport with more than 200 workers, Paymentshield was established 32 years ago by two mortgage advisors. It offers home insurance, mortgage protection, income protection, landlord's insurance and tenant's contents insurance.

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It was published by Liverpool Business News on 24 August 2026.

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