We were pleased to see our business results making headlines last week, as Insurance Age reported on the “double-digit growth and profit rises” achieved by iprism in the financial year ending June 2022.
CEO Ian Lloyd spoke candidly to the publication about the factors driving the company’s strong performance, highlighting:
- Strong turnover growth
- Investment in e-trading and business development
- Advances in service levels
He explained:
“The key driver to profit growth outstripping turnover growth has been scalability, with operating expenses increasing proportionately less than GWP.
This has largely been achieved through our technological capabilities such as e-trading, enabling our underwriters more time to focus on growing their books of business.”
We’d like to thank our broker partners and our strong insurance panel for the vital role they’ve played in another successful year. We look forward to seeing further growth at the end of the current financial year.
Share
