’We are confident that our strategy will not only allow us to exceed £50m GWP, but also reinforce our reputation as a trusted and forward-thinking partner,’ says managing director
Commercial Express has revealed that it is aiming to exceed £50m in gross written premium (GWP) by the end of 2025.
In 2024, the MGA saw 36% growth, bringing GWP to £35.75m. The business said it remains ahead of its growth targets and is currently on track for 30% growth in 2025.
This comes following the firm investing in its underwriting team, with 70% of its members holding professional qualifications.
The MGA also said it had strengthened its claims service and that its “online learning platform continues to support brokers with valuable educational resources, further cementing long-term partnerships”.
Long-term target
With its 2025 £50m target set to be secured, the MGA said its long-term vision is to achieve £100m in GWP.
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Founder and managing director at Commercial Express, Duncan Pritchard, added: “Our commitment to sustainable growth is driven by continuous investment in our people, products and technology.
“By empowering our underwriters, enhancing our claims service and strengthening broker relationships, we are setting new benchmarks in the MGA space.
“We are confident that our strategy will not only allow us to exceed £50m GWP, but also reinforce our reputation as a trusted and forward-thinking partner.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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