Ockham Holdings has reported a full year pretax profit of £10.5m, compared to a previous loss of £8.8m.
Operating profit was £12.6m against a previous loss of £10.2m, with earnings per share of 5.4 pence, compared to a loss per share of 1.7 pence the year before.
The company said the turnaround represented a substantial achievement by its motor insurance business, Highway.
Ockham commented that trading conditions remain good, with motor premium rates still on the increase.
The company also announced it is still in the process of recruiting a new chief executive but expects this, and the possible reinforcing of the non-executive component of its board, to be concluded by the end of June.
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.
