Professional liability broker Howden has tripled its pre-tax profits in the six months to 31 March 2005.
The company, part of the Hyperion Group, reported a pre-tax profit of £900,000 compared to £300,000 in the same period last year.
Turnover increased from £4.5m to £6m in 2005. The company said £2m came from new business.
Hyperion chief executive David Howden said he anticipated continued growth despite softening market conditions.
"We started a push in the UK a few years ago and will continue in that area. We have muscle in the market and can compete against the big brokers," he said.
Howden did not rule out opening regional offices in the UK. "As we push into the UK market we could well expand outside London."
