Focus: Insurance
Daniel MitchellAge: 33
Company: The Source
Few entrepreneurs are fortunate enough to operate in a market which can virtually guarantee year-on-year growth but Daniel Mitchell struck lucky when he started The Source, a company which validates insurance claims for loss or damage to computer equipment. Ten years on from start-up, the company did £16m in turnover last year and is on target for £20m this year cashing in on the boom in PC ownership.
2016 update:
In 2003, The Source acquired its largest competitor Claim Control, allowing it to double in size and secure most of the top insurers as clients. Mitchell exited the company in 2005. He is currently CEO of DM properties, which invests manages and develops residential property in the central London area, and a consultant at Killik and Co – a stockbroking and wealth management firm.
