Record breaking July for Pioneer

05 September, 2012

Pioneer Underwriting are enjoying a record breaking July for written premium.

Calendar year to date Pioneer have written £20 million of gross premium, with July alone representing £7.3 million (an increase of £4.8 million on last July and our largest monthly premium since underwriting commenced).

The £20 million premium is broken down as follows:

  • 1/1 to 31/3 = £7 million
  • Year 2 binder period 1/4 to present day = £13 million

TOTAL written premium 1/1 to present day = £20million

Based on current forecasts Pioneer are on course to exceed their budget of £24 million GWP for their second binder period.

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