Pavilion Insurance Network has announced that group trading throughout the second half of 2006 has continued to maintain increased sales over the same period in 2005, and in spite of softer growth rates in the last two months of the trading year, annual sales have closed 46% up over 2005.
Overall group results for 2006 are expected to be in line with market expectations with headline profit expected to show a significant increase over that of the previous year.
Pavilion also highlighted the value of prior years' investment in its own Web/ISIS (Integrated Specialist Insurance Software) development, which has now enabled 82% of business to be transacted on line.
Chairman Andrew Selby said: “I am very pleased with the progress made last year. The Board is looking forward to a year of further growth and the implementation of more trading initiatives and new products.”
