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Ripe grows revenue to nearly £25m in 2025 and expands policyholder base
The UK digital MGA grew turnover to £24.9 million for the 12 months ended Dec. 31, 2025, while adding 15% more policyholders to 430,000.
Ripe, a UK digital managing general agent, reported 21% year-on-year revenue growth, lifting turnover to £24.9 million in the 12 months ending Dec. 31, 2025, up from £20.6 million in 2024, according to Reinsurance News. The company said the result reflects its 18th consecutive year of double-digit revenue growth, with margins maintained through a continued focus on efficiency.
Ripe said it expanded its customer base during the year, increasing its total number of policyholders by 15% to 430,000 across more than 20 SME, leisure and lifestyle insurance products. It also completed two acquisitions in 2025, including GJW Direct to strengthen its position in the pleasure craft market and Schofields Insurance, which entered the holiday home sector after its December acquisition.
The company added that GJW Direct completed its first full year on Ripe’s proprietary Juice technology stack, which Schofields is expected to adopt shortly. Ripe also launched additional products and initiatives, including a ChatGPT app designed to deliver instant, bindable quotes for its Cycleplan cycling insurance and a Sports Club, Leisure and Community offering for UK leisure organisations.
Ripe attributed part of its growth strategy to investment from London and New York-based Aquiline Capital Partners LP, and said it relocated to a new headquarters at One Stockport Exchange with capacity for up to 150 staff. The company also named Sean Carney as Chief Underwriting Officer and Jon Fell as Chief Operating Officer as it pursued further expansion, while integrating the acquired businesses.