RDT said its turnover has jumped 36% year-on-year.

RDT, currently celebrating two decades of trading, said the growth reflects increasing demand for Landscape, its end-to-end packaged insurance administration solution.

RDT has also increased its team by 30% and said that it has further expansion plans.

Chief executive Mark Bates said: “For insurers to be competitive IT must be simplified and business processes streamlined, freeing up staff to concentrate on delivering exceptional service.

“Multiple platforms are a thing of the past; our customers benefit from a common platform which receives regular upgrades. Our modern, user-friendly interface means staff are effective in days, not weeks, product launch times are collapsed and business process changes are effective in minutes rather than months.

"We have invested about 40% of our product revenue in R&D in the last two years and we are committed to leading the way with intelligent innovation.”