London, 7th February 2024: Pro Global (“Pro”), a leading trusted advisor for the specialist insurance sector, is pleased to announce significant achievements over the last 12 months, and strong momentum for the future. The company’s performance in 2023 showcases another year of strong growth, with a focus on expanding its global footprint and enhancing enabling capabilities.
Key Highlights for 2023:
Revenue continues to scale: with 12% revenue growth, 2023 marks the third consecutive year of double digit revenue progression for Pro, out-pacing inflation.
Enhanced enabling capabilities: Pro is dedicated to delivering exceptional value for its clients with a focus on continuous improvement, driven by an ever growing team of expert practitioners augmented by technology and enhanced through data. 2023 saw Pro acquire a specialist Robotic Process Automation (RPA) business (Propel Automation) to further enable its client offering through application & scaling of automation capabilities.
A scaling team of insurance professionals: A team that is some 750 strong, with a track record for resilient scaling having grown the team by more than 50% in the last 4 years
2024 outlook: Momentum continues to build as further client relevant capability is deployed, with clear line of sight to another year of double digit growth and £50m+ of revenue
With an international team, Pro has offices in the UK, Europe, across Latin America and the US and business verticals including Pro MGA Global Solutions, as well as Digital Services, Broker Services, Claims Management, Audit Services, Financial and Technical accounting, and Underwriting Support.
Pro Global CEO Steve Lewis said:
“It is thanks to the unique and unparalleled strengths of our specialist insurance experts and the wealth of knowledge and skills that permeate our global team that we have been able to achieve consistent and progressive growth. Our story is testament to the exceptional value we pride ourselves in delivering to leading re/insurance providers, as a collaborative partner and key business enabler and we would like to take this opportunity to thank our clients for their continued support and trust.
Pro Global’s unique capabilities stem from a dynamic ecosystem of partnerships and cutting-edge technology. Looking ahead to 2024, we are committed to strategically expanding this ecosystem, embracing a holistic approach to transform the operational effectiveness of re/insurance businesses.”
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