Room Solutions has said pre-tax profits surged over 70% from £0.67m to £1.14m in 2006.
The company said turnover rose almost 15% from £12.1m (2005) to £13.9m (2006).
Marcus Broome, CEO of Room, said: “2006 has been an excellent year for Room, following a record year in 2005. [The increase in turnover] follows exceptionally strong sales performance, with Room winning a number of major competitive procurements from the London Companies Market and overseas.
“Moreover, following the acquisition in May by NIIT Technologies, the attributes and capabilities of NIIT coupled with the insurance expertise and market position of Room create a global company with the highest available levels of process and quality standards and a unique focus on the commercial insurance market.
As well as providing a global infrastructure, enabling the company to provide products and services to international customers and to operate on a 24 hour basis, the relationship with NIIT also provides customers with access to a broader range of services.
"These additional capabilities reinforce Room's traditional strengths, and make it a more attractive partner for larger international projects, and for additional services."
Recent Related News
Room signs up 7 major insurers to new solution
Room releases risk management product
Room launches service for insurance start-ups
