Shares in Misys fell when the IT giant reported a gloomy outlook for its crucial financial services division.
The general insurance business just managed to hold its own, but overall the division's profits would fall, the company warned.
Last week's announcement forced the stock down by 30p, or 10%, to 260p from 289p.
Chairman Kevin Lomax said: "The general insurance business put in another good performance this year. This is a reflection of the size and stability of its customer base in the UK insurance broker market."
He expected progress, but warned that the financial performance of the financial services division would be below last year's.
The financial services division contributed 43% of revenue in the year ended 31 May 2003.
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.
