Published on: January 13, 2020
Anexo Group has established itself as a provider of an end-to-end litigated claims service to predominantly impecunious non-fault motorists. It provides replacement vehicles – either from its own fleet or leased – and associated legal services. It has a highly experienced management team with experience in both credit hire and legal services. Thorough vetting of potential claims backs a high pre-court settlement rate. Its legal services business, Bond Turner, conducts the processing of the claim against at-fault motorists and their insurers and secures settlement. Currently targeting more measured growth in credit hire while recruiting more high-quality litigators, Anexo is increasing its capacity to settle cases and improve cash generation. By executing on its growth strategy and managing that balance between new business generation and cash collection from existing cases, we expect Anexo to produce strong earnings growth and cash generation.