Acturis Group (consolidated under ultimate parent TopInsure Limited), the leading Software-as-a-Service provider to the insurance industry, has announced another year of good financial results in 2020. Results for the financial year ended 30 September 2020 show revenues of £104.9m, an increase of 17.0% over the previous year.
We are delighted to report another period of sustained growth in the year to September 2020. Despite the COVID-19 crisis, the Group has continued to perform well, with double digit growth in revenues, reflecting uninterrupted strong demand for our products and services across all geographies.
David McDonald, Co-CEO at Acturis
David McDonald added: “We have continued to invest an increasing amount in our platforms and technology (£15.1m in 2020). This enables us to maintain our leadership in electronic trading, extend our support for mobile services, invest in the development of AI and data services, improve UX experiences for customers and support our clients in the transition to digital insurance.”
Our continued growth was underpinned by the addition of many new clients – some starting from scratch and others moving from competitor offerings, despite the pandemic. Today the Group is present in 6 countries, with exciting prospects in the UK, Germany, Scandinavia, Canada and France.
Theo Duchen, co-CEO at Acturis
Theo Duchen further commented: “We remain focused on helping our customers navigate their way through this crisis and emerge as highly efficient, digitally enabled organisations, well equipped to take full advantage of the technological, data and AI advances that we have seen in the past year.”