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. Back