Sirius Financial Solutions has recorded a series of strong results in the first half of 2002.
The financial software supplier recorded a 17.6% growth in revenues in H1 2002, and reduced its borrowings to zero.
The results came as a surprise amid the staff reductions and diminished performance of the worldwide financial
Services sector.
In its H1 results Sirius also recorded an increase in profits to £1.8m while recurring revenues increased to £3.1m, up £0.4, on H1 2001.
Encouragingly for Sirius it also continues to outsell the likes of Aon and Alexander Forbes, it said.
Chief Executive Stephen Verrall said: "After an outstanding first half-year, Sirius enters the second half of 2002 with confidence in its ability to sell and deliver across its principal product sets, both directly and through alliances.
"There is a considerable prospect pipeline with a healthy order book."
2002 has also seen the company extend its industry partnerships. A recent collaborative deal with AXA will enable brokers to access its e-enablement facilities for commercial quotations.
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.
