Iprism trebles profit to £1.8m in 2023 results

Ian Lloyd Iprism

Iprism Underwriting Agency has more than trebled its profit for the financial year ended 30 June 2023 according to its latest Companies House filing.

The MGA reported a £1.8m profit (2022: £562,542) on a turnover of £10.99m (2022: £9.44m).

Its operating profit was £1.91m (2022: £539,763) and the average number of people employed by the company during the year was 45  (2022: 42).

Only last month Iprism’s CEO, Ian Lloyd, pictured, told Insurance Age: “It has been a good period for us. We have seen pleasing growth in all the product lines,” highlighting construction, property owners, SME and private clients portfolio.

The business has recently

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