Avid targets £100m GWP by finish of 2025 – Insurance coverage Age

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Avid targets £100m GWP by finish of 2025 – Insurance coverage Age

Managing director of Avid Insurance coverage Companies, Stephen Gibson, is focusing on £100m of gross written premium by the top of 2025, rising from round £75m to £80m this 12 months.

Gibson, pictured, mentioned the MGA continues to search for complementary merchandise inside the insurance coverage market that will profit the enterprise.

“We’re not mainstream, we’re not going to enter family or something like that. We wish to proceed to offer experience and alternative to the market and we do function in an area that’s selective,” he famous.

RelatedAvid swoops for specialist development MGA 

Deal for IIGL will see Avid diversify into 4 new specialisms because the MGA’s GWP reaches £75m.

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