Aquilo, the IT group, lost £721,000 last year on ordinary activities before tax. The result was an improvement on 2001, when it lost £2.4m. Its turnover fell to £2.5m from £2.7m the year before.
The group, which is traded on Ofex, undertook a restructuring and grew out of a merger between Accidentcare Group and Ecom Group.
During the year, it also appointed a new group finance director, managing director and operations manager for Accidentcare.
Chief executive Mike Eve said: "Increased pressure on the investment and insurance industries to be more cost effective will see them seeking alternative ways to operate and so give us an opportunity to increase revenues."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
