MMA has recorded the highest results in its company history.
Gross written premiums rose by 15.7% on a like-for-like basis to £209m, while its household business saw a rise of 32.3%. The number of policyholders on its book exceeded one million for the first time in company history.
Overall profit, it said, increased to £21.6m.
MMA chief executive, Garry Fearn said: “For 2005 we will continue to build on our strategy of delivering our targeted product range into the intermediary network with ever increasing use of electronic distribution.”
