Ripe, a UK-based digital managing general agent (MGA), has achieved a 21% year-on-year revenue growth, with a turnover increasing to £24.9 million in the 12 months ending 31 December 2025, up from £20.6 million in 2024.
This strong performance in 2025 marks Ripe’s 18th consecutive year of double-digit revenue growth.
Rob Styring, Chief Financial Officer at Ripe, stated: “We delivered another year of strong, profitable growth in 2025, with revenue increasing to nearly £25 million and margins maintained through a continued focus on efficiency.
“This performance reflects the strength of our digital, data-led model, disciplined underwriting and a relentless focus on cost efficiency.”
During this period, the Manchester-based firm also expanded its total number of policyholders by 15%, reaching 430,000 across more than 20 SME, leisure & lifestyle insurance products.
In 2025, the group completed two acquisitions: GJW Direct, which helped it to further strengthen its position in the pleasure craft market, and Schofields Insurance, entering the holiday home sector following its acquisition in December.
GJW Direct completed its first full year on Ripe’s proprietary Juice technology stack, which Schofields will adopt shortly, the MGA noted.
Meanwhile, Ripe invested in innovation by becoming one of the first MGAs to launch a ChatGPT app, providing instant, bindable quotes for its Cycleplan cycling insurance.
It also expanded its portfolio by launching Sports Club, Leisure & Community insurance for UK leisure organisations.
To support this expansion, the business relocated to a new, larger headquarters at One Stockport Exchange, providing capacity for up to 150 staff and underlining its long-term commitment to the region.
The company made several senior appointments, including Sean Carney as the new Chief Underwriting Officer, and Jon Fell as Chief Operating Officer.
Investment from London- and New York-based Aquiline Capital Partners LP has enabled Ripe to continue pursuing its ambitious growth strategy.
Styring said: “We have also demonstrated continued execution against our M&A strategy, successfully integrating GJW Direct, with Schofields progressing as planned. Our proprietary technology continues to support scalable growth and efficient operations across the Group, and we are investing further in our data capabilities and the opportunities presented by AI to enhance underwriting precision, customer experience and operational efficiency.
“We entered 2026 with strong momentum, forecasting continued growth in line with recent years, further supported by a healthy pipeline of acquisition opportunities.”
