A surge in new business has helped Pinnacle Insurance Holdings record a 57% increase in profit during 2002.
Announcing its 2002 annual results the creditor and warranty specialist said a 36% rise in gross premiums written had boosted profits by 57% from 2001.
The insurer revealed that its strong performance would enable it develop new products and services.
Pinnacle's deputy chairman Christopher Schwick said: "2002 was an extremely satisfying year for Pinnacle. We harnessed our industry insight in order to deliver benefits to all stakeholders: our clients, our people and our community.
"Despite a significant degree of global uncertainty, including a raft of impending regulation here in the UK, we face the future with great confidence."
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.
