Pavilion Insurance has reported gross profit rose to £145,154 in the first six months of the year.
This compares to a loss of £100,468 in the corresponding period of 2005.
The company said gross written premiums were up 53.98% to £1,400,915 (2005: £909,755)
Pavilion said 82% of all new business was generated on-line.
Andrew Selby, chairman, said: “Investments made in previous years are finally bearing fruit. It's been a remarkable start to the year and it appears that we are now beginning to see the true value of the business. We are therefore confident in our ability to build on the first half of the year's success. “
