Intech Solutions has announced £406,073 in pretax profits for the year ending 30 June 2003, a 372% increase compared to the previous 12 months.
Managing director Tony Holland said the company had expanded its presence in the general insurance market and had plans to expand into both the US and Europe.
Holland said it had been a difficult year for both the insurance and software industries.
He added the company was continuing to hire specialist staff.
