Acturis on target despite soft market

Acturis has doubled its pre-tax profit and seen its user base increase by 60% through organic growth, despite increasing consolidation in the insurance software provider market.

Revenues increased by more than 45% to £6.7m in the financial year, and pre-tax profits increased to £1.4m.

David McDonald, Co-CEO of Acturis, said the growth had been achieved without the company having to resort to acquisition: "These results have been achieved through pure organic growth. We have made no acquisitions in

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