The Davis Group has posted a £1.02m pre-tax profit for the six-months to April 2003.
The company claimed strong organic growth has helped it increase turnover for the year by 45%.
Chief executive Leigh Davis Smart said: "2003 results so far show excellent income growth throughout the Group, without any acquisitions.
"The liability & marine wholesale divisions, Davis Schemes & Davis Specialist Risks continue to exceed expectations and Group premium for 2003 should now exceed £40 million."
