The Davis Group plc has announced its half-year interim figures, showing a group gross premium turnover of £12.5m - up 36% on last year.
The group, which concentrates on the marine, freight and technology industries, says these figures mean it is well on track for meeting its end of year target of £26m. It also estimates that if growth continues at the current rate it will outstrip its target of a turnover of £50m for 2005 by £14m.
Combined premium turnover within the wholesale business, Davis Specialist Risks and Davis Schemes has increased by 75% when compared with 2001 interim figures.
Chairman Leigh Smart commented: "This rapid growth is a reflection of our marketing strategy, combined with an excellent workforce and strong management. We are extremely encouraged by these latest figures."
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.
